Fenix Resources Limited (AU:FEX) has released an update.
Fenix Resources Limited has announced the issuance of 26 million new ordinary shares and 9.49 million convertible securities, aimed at expanding the company’s capital. The shares were issued in compliance with regulatory provisions, and no undisclosed information is deemed significant for investors’ assessment of the company’s value. The newly issued securities include options and performance rights for brokers, consultants, and employees, with specific terms and conditions outlined by the company.
For further insights into AU:FEX stock, check out TipRanks’ Stock Analysis page.