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Pan Asia Metals Ltd. ( (AU:FLG) ) has issued an update.
Flagship Minerals Limited has announced a proposed issue of securities, with a total of 408,354,545 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, scheduled for April 10, 2026, and aims to enhance the company’s financial standing and market presence. The announcement reflects the company’s strategic efforts to strengthen its capital base and potentially improve its market position.
More about Pan Asia Metals Ltd.
YTD Price Performance: -21.05%
Average Trading Volume: 61,727
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$9.16M
Learn more about FLG stock on TipRanks’ Stock Analysis page.