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An announcement from Pan Asia Metals Ltd. ( (AU:FLG) ) is now available.
Flagship Minerals Limited has announced a new issuance of securities on the Australian Securities Exchange (ASX). The company is set to quote 2,256,177 ordinary fully paid shares, which were issued upon the conversion of convertible notes and associated capitalized interest. This move is expected to impact the company’s capital structure and may influence its market positioning by potentially increasing liquidity and investor interest.
More about Pan Asia Metals Ltd.
Average Trading Volume: 552,086
Technical Sentiment Signal: Buy
Current Market Cap: A$47.65M
Learn more about FLG stock on TipRanks’ Stock Analysis page.