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Firetail Resources to Release 25 Million Shares from Escrow

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Firetail Resources Limited ( (AU:FTL) ) has provided an announcement.

Firetail Resources Limited announced the release of 25,000,000 ordinary fully paid shares from voluntary escrow on 25 March 2025, as per ASX Listing Rule 3.10A. This release does not alter the company’s issued capital, with half of these shares held by director-related entities, potentially impacting the company’s governance and shareholder dynamics.

More about Firetail Resources Limited

Firetail Resources Limited operates in the resources sector, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange under the ticker ASX:FTL.

YTD Price Performance: -25.00%

Average Trading Volume: 519,938

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$22.8M

For a thorough assessment of FTL stock, go to TipRanks’ Stock Analysis page.

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