The cap raising is the IPO money for Luiri which is expected to ASX list on 23rd November. The amount is $8m and it has already been raised by last Friday. All done. Done by Euroz Perth.
Officially the raising will open and close on 26th October.
The MD of LSA is Chairman of Luiri and hails from country NSW originally. He has extensive connections and experience. He floated Tritton Resources, which was overtaken by Straits. He manages Northern Iron NFE.
LSA Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
