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Fin Resources Limited ( (AU:FIN) ) has provided an announcement.
Fin Resources Limited has issued 3,076,923 fully paid ordinary shares without a prospectus, relying on provisions of the Corporations Act that allow such placements without formal disclosure. The company has confirmed it remains compliant with financial reporting and continuous disclosure obligations, and that there is no excluded information requiring disclosure, signalling that the share issue is a routine capital management step rather than a response to undisclosed developments.
The most recent analyst rating on (AU:FIN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.
More about Fin Resources Limited
Fin Resources Limited is an Australian-listed company on the ASX, operating in the resources sector. The company is headquartered in West Perth, Western Australia, and is governed by a board including directors Jason Bontempo, Bruce McFadzean and director-company secretary Aaron Bertolatti.
Average Trading Volume: 2,560,041
Technical Sentiment Signal: Sell
Current Market Cap: A$13.73M
For a thorough assessment of FIN stock, go to TipRanks’ Stock Analysis page.