Lodestar Minerals (ASX:LSR) has lodged the prospectus for its bonus issue of loyalty options to eligible shareholders, after conducting a two-tranche placement which seeks to raise $2.2 million.
On 30 June 2025, Lodestar announced it would provide eligible shareholders a non-renounceable pro-rata bonus issue of options on the basis of one new option for every 30 shares held.
Subsequently, the company revised the allocation ratio to one new option for every 20 shares held. The record date for determining entitlements is 14 August 2025.
On 10 July, Lodestar increased its capital raise for an additional $500,000 to further conduct exploration across the Darwin and Three Saints projects in Chile, as reported.
The Darwin and Three Saints projects are located in Chile. The projects sit in a region which hosts numerous copper deposits and gold-rich iron-oxide copper gold deposits such as Carola and Atacama Kozan.
Write to Aaliyah Rogan at Mining.com.au
Images: Lodestar Minerals
