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Firering Strategic Minerals Plc ( (GB:FRG) ) has issued an announcement.
Firering Strategic Minerals plc announced a successful placing and subscription to raise £1.01 million, aimed at increasing its stake in Limeco Resources Limited, a key player in the quicklime industry. The funds will support the company’s strategic expansion and operational enhancements, including infrastructure upgrades and increased production capacity, to meet growing market demand and strengthen its position as a leading quicklime producer in the region.
More about Firering Strategic Minerals Plc
Firering Strategic Minerals plc is an emerging company in the mining sector, focusing on the production of quicklime and exploration of critical minerals. The company is strategically positioned in the market to support industrial demands, particularly in Southern and Central Africa, with a focus on the copper sector.
Average Trading Volume: 1,178,977
Technical Sentiment Signal: Sell
Current Market Cap: £3.68M
For detailed information about FRG stock, go to TipRanks’ Stock Analysis page.