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How Lindian Resources Secured A$5 Million Through Options Underwriting
7:00am on Wednesday 10th of December, 2025 AEDT
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How Lindian Resources Secured A$5 Million Through Options Underwriting
7:00am on Wednesday 10th of December, 2025 AEDT
Key Points
Underwriting agreement covers 17.8 million options expiring December 2025
Gross proceeds of approximately A$5 million expected from conversion
Petra Capital to receive a 6% fee on the underwritten amount
Shares issued under ASX Listing Rule exceptions, no shareholder approval needed
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