LRT 1.32% $1.15 lowell resources fund

News: LRT Lowell Resources Fund Says Approved Proposal To Conduct An On-Market Unit Buy-Back

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    Oct 5 (Reuters) - Lowell Resources Fund (LRT) :

    • APPROVED PROPOSAL TO CONDUCT AN ON-MARKET UNIT BUY-BACK OF UP TO 10% OF LRT'S FULLY PAID ORDINARY UNITS FOR OVER 12 MONTHS
    • BUY-BACK TO BE FUNDED BY EXISTING CASH BALANCES, NOT EXPECTED TO NEGATIVELY IMPACT CAPACITY TO OPERATE/FUND FUTURE INVESTMENTS
 
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