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First Graphene Issues New Unlisted Options to Bolster Financial Strategy

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First Graphene Issues New Unlisted Options to Bolster Financial Strategy

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The latest update is out from First Graphene Ltd ( (AU:FGR) ).

First Graphene Limited has announced the issuance of 21,875,000 unlisted options with an exercise price of $0.12, set to expire on November 19, 2027. This move is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s financial strategy and stakeholder interests by providing additional capital and investment opportunities.

More about First Graphene Ltd

First Graphene Limited operates in the advanced materials industry, focusing on the development and commercialization of graphene products. The company is known for its high-quality graphene materials, which are used in a variety of applications including energy storage, composites, and coatings.

Average Trading Volume: 1,506,571

Technical Sentiment Signal: Buy

Current Market Cap: A$71.11M

Learn more about FGR stock on TipRanks’ Stock Analysis page.

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