Fenix Resources Announces Cessation of Performance Rights

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Fenix Resources Announces Cessation of Performance Rights

An announcement from Fenix Resources Limited ( (AU:FEX) ) is now available.

Fenix Resources Limited announced the cessation of 1,279,773 performance rights due to the lapse of conditional rights that were not met. This development may impact the company’s capital structure and could have implications for its stakeholders, reflecting the challenges in meeting performance conditions.

More about Fenix Resources Limited

Fenix Resources Limited operates in the mining industry, focusing on the extraction and production of iron ore. The company is listed on the Australian Securities Exchange under the code FEX, and it aims to supply high-grade iron ore to the global market.

YTD Price Performance: -3.33%

Average Trading Volume: 3,844

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €116.4M

See more data about FEX stock on TipRanks’ Stock Analysis page.

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