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Firebird Metals Ltd. ( (AU:FRB) ) has issued an announcement.
Firebird Metals Limited has issued 3,900,000 new ordinary shares and confirmed that the issuance was conducted without a prospectus under the Corporations Act, while affirming its ongoing compliance with Australian continuous disclosure and financial reporting obligations. The company also stated that, as at the date of the notice, there is no excluded information requiring disclosure, providing investors with assurance that the share issue has occurred against a backdrop of full regulatory compliance and transparency.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
More about Firebird Metals Ltd.
Firebird Metals Limited is an integrated manganese technology company focused on the electric vehicle and energy storage markets. It operates a state-of-the-art laboratory and research facility covering the full processing chain from manganese ore to finished battery-active cathode materials, leveraging proprietary technologies such as a high-efficiency kiln and advanced crystallisation to reduce cost and energy use and enable revenue via equipment sales and licensing. The company is advancing a lithium manganese iron phosphate pathway for near-term production of high-purity manganese sulphate and next-generation LMR cathodes, supported by substantial manganese resources in Western Australia at its Oakover and Hill 616 projects, while retaining flexibility to source ore from third parties and stockpiles.
Average Trading Volume: 294,608
Technical Sentiment Signal: Buy
Current Market Cap: A$29.01M
See more data about FRB stock on TipRanks’ Stock Analysis page.