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The latest update is out from Firebird Metals Ltd. ( (AU:FRB) ).
Firebird Metals Ltd has notified the market of the issue of 6 million unquoted options, split between 3 million options exercisable at $0.40 and 3 million options exercisable at $0.30, both expiring on 6 December 2028 and issued on 24 December 2025. The new options, which are not intended to be quoted on the ASX and form part of previously announced transactions, indicate ongoing use of equity-based instruments to fund operations and align stakeholder incentives, potentially affecting the company’s capital structure and future dilution for existing shareholders.
More about Firebird Metals Ltd.
Firebird Metals Ltd is an ASX-listed company (code FRB) operating in the mining and resources sector, with its activities focused on the exploration and development of mineral assets. The company raises capital and incentivises stakeholders through the issue of various equity and option securities on the Australian Securities Exchange.
Average Trading Volume: 314,445
Technical Sentiment Signal: Buy
Current Market Cap: A$29.28M
See more insights into FRB stock on TipRanks’ Stock Analysis page.