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Firetail Resources Issues 65.5 Million Shares in Compliance with Corporations Act

Story Highlights
  • Firetail Resources issued 65.5 million shares, including 62.5 million from a placement.
  • The company confirms compliance with Corporations Act, with no excluded information.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Firetail Resources Issues 65.5 Million Shares in Compliance with Corporations Act

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Firetail Resources Limited ( (AU:FTL) ) has shared an update.

Firetail Resources Limited, a company listed on the Australian Securities Exchange (ASX: FTL), has issued a total of 65,500,000 fully paid ordinary shares. This issuance includes 62,500,000 shares as part of a previously announced placement and 3,000,000 shares issued to directors, as approved by shareholders. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information as per the Act.

More about Firetail Resources Limited

Average Trading Volume: 947,323

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$34.96M

For detailed information about FTL stock, go to TipRanks’ Stock Analysis page.

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