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Flagship Minerals Issues Service Shares and Lodges Cleansing Notice

Story Highlights
  • Flagship Minerals issued 36,235 fully paid ordinary shares as consideration for services.
  • The company lodged a cleansing notice confirming compliance and enabling on-sale of the new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flagship Minerals Issues Service Shares and Lodges Cleansing Notice

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Pan Asia Metals Ltd. ( (AU:FLG) ) has shared an update.

Flagship Minerals Limited has issued 36,235 fully paid ordinary shares as consideration for services and lodged a cleansing notice so these securities can be traded on the ASX without a prospectus under the disclosure exemptions in the Corporations Act. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and that there is no excluded information that would affect the market, providing assurance to investors regarding the transparency and tradability of the newly issued shares.

More about Pan Asia Metals Ltd.

Flagship Minerals Limited is an ASX-listed resources company focused on metals, operating through corporate offices in Singapore, Santiago and Sydney, and positioned within the broader mining and minerals exploration industry.

Average Trading Volume: 403,482

Technical Sentiment Signal: Buy

Current Market Cap: A$73.16M

See more insights into FLG stock on TipRanks’ Stock Analysis page.

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