Lithium Universe Completes Share Placement and Issues Options

Esports Mogul Limited (AU:LU7) has released an update.

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Lithium Universe Limited has successfully completed Tranche 2 of its share placement, raising $0.20 million from sophisticated and professional investors. The funds will be used to advance the Definitive Feasibility Study and cover the Bécancour land option costs. Additionally, shareholders approved the issuance of listed options for each share subscribed, with these options now trading under the ASX code LU7O.

For further insights into AU:LU7 stock, check out TipRanks’ Stock Analysis page.

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