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Pan Asia Metals Ltd. ( (AU:FLG) ) has shared an update.
Flagship Minerals Limited announced the issuance of 4,765,066 fully paid ordinary shares following the conversion of Convertible Notes and capitalized interest. The company has complied with the necessary provisions of the Corporations Act, allowing these shares to be exempt from on-sale restrictions, which could potentially enhance liquidity and investor confidence.
More about Pan Asia Metals Ltd.
Flagship Minerals Limited operates in the mining industry, focusing on the extraction and production of essential minerals. The company is listed on the Australian Securities Exchange (ASX) under the ticker FLG.
Average Trading Volume: 552,086
Technical Sentiment Signal: Buy
Current Market Cap: A$47.65M
See more insights into FLG stock on TipRanks’ Stock Analysis page.