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How Lindian Resources Secured A$5 Million Through Options Underwriting

7:00am on Wednesday 10th of December, 2025 AEDT Mining
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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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