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Pan Asia Metals Ltd. ( (AU:FLG) ) has issued an update.
Flagship Minerals has issued 399,104 fully paid ordinary shares following the conversion of convertible notes and capitalised interest, and has lodged a cleansing notice to enable secondary trading of these shares without a prospectus under the Corporations Act exemptions. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations, and stated there is no excluded information requiring disclosure, thereby smoothing the path for on-market resale of the newly issued shares and reinforcing its adherence to regulatory standards.
More about Pan Asia Metals Ltd.
Flagship Minerals Limited (ASX: FLG) is an Australian-listed resources company focused on minerals, operating through offices in Singapore, Santiago and Sydney, and positioned within the broader metals and mining sector.
Average Trading Volume: 398,358
Technical Sentiment Signal: Buy
Current Market Cap: A$79.43M
For an in-depth examination of FLG stock, go to TipRanks’ Overview page.