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An update from Pan Asia Metals Ltd. ( (AU:FLG) ) is now available.
Flagship Minerals Limited has announced the application for the quotation of 6,020,031 new securities on the Australian Securities Exchange (ASX). This issuance includes shares allocated to Thai employees, shares issued in consideration for services, and shares issued as part of the Rosario Gold Project Option Payment. This move is expected to enhance the company’s operational capabilities and potentially strengthen its market position by expanding its equity base and rewarding stakeholders involved in its projects.
More about Pan Asia Metals Ltd.
Average Trading Volume: 438,348
Technical Sentiment Signal: Buy
Current Market Cap: A$38.96M
Find detailed analytics on FLG stock on TipRanks’ Stock Analysis page.