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Falcon Metals Ltd Announces Share Issuance Under Placement

Story Highlights
  • Falcon Metals Ltd operates in the metals industry, focusing on mineral resources.
  • The company issued over 35 million shares without disclosure, ensuring compliance with regulations.
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Falcon Metals Ltd Announces Share Issuance Under Placement

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Falcon Metals Ltd ( (AU:FAL) ) has issued an update.

Falcon Metals Ltd has issued 35,087,720 fully paid ordinary shares at a price of $0.57 per share as part of a placement announced earlier. This issuance was conducted without disclosure to investors under specific provisions of the Corporations Act 2001, and the company confirms compliance with relevant legislative requirements, ensuring transparency and adherence to ASX listing rules.

More about Falcon Metals Ltd

Falcon Metals Ltd is a company operating in the metals industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker FAL.

Average Trading Volume: 1,242,799

Technical Sentiment Signal: Buy

Learn more about FAL stock on TipRanks’ Stock Analysis page.

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