Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from First AU Ltd. ( (AU:FAU) ).
First Au Limited has issued 4,298,000 fully paid ordinary shares at $0.0035 per share as part of the first tranche of a two-tranche placement. This move is in compliance with relevant sections of the Corporations Act and the shares were issued without disclosure to investors, indicating a strategic step to raise capital and potentially strengthen its market position.
More about First AU Ltd.
First Au Limited is a company operating in the mining industry, focusing on exploration and development of gold and base metal projects in Australia.
Current Market Cap: A$6.22M
See more data about FAU stock on TipRanks’ Stock Analysis page.