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Firebird Metals Ltd. ( (AU:FRB) ) has provided an update.
Firebird Metals Limited has issued 21,333,333 ordinary shares without disclosure to investors under the Corporations Act, complying with its regular reporting and disclosure obligations. This strategic move aligns with Firebird’s broader goals in the manganese technology sector, potentially enhancing its market position and operational capabilities in the EV and energy storage markets.
More about Firebird Metals Ltd.
Firebird Metals Limited is an integrated manganese technology company focusing on the electric vehicle and energy storage markets. The company operates a state-of-the-art lab and research facility, demonstrating full flow-sheet capability from manganese ore to finished battery cathodes. Firebird utilizes proprietary technologies to target lower costs and energy use, aiming for near-term revenue through equipment sales and licensing. It holds significant manganese resources in Western Australia and retains mining optionality within its portfolio.
Average Trading Volume: 487,329
Technical Sentiment Signal: Buy
For an in-depth examination of FRB stock, go to TipRanks’ Overview page.