Latin Resources Limited (ASX:LRS) (“Latin Resources or the Company”) is pleased to advise it has agreed terms for a placement of 213,000,000 shares at an issue price of $0.005 to raise $1,065,000 (Placement). Shares comprising the Placement will be issued to sophisticated and professional investor clients of PAC Partners Pty Ltd and Merchant Corporate Advisory Pty Ltd.
The Placement shares will be issued under the Company’s existing 15% placement capacity pursuant to ASX Listing Rule 7.1.
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