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Flagship Minerals Seeks ASX Quotation for Shares Issued on Convertible Note Conversion

Story Highlights
  • Flagship Minerals has applied to quote 1,621,294 new ordinary shares on the ASX.
  • The shares arise from conversion of convertible notes and interest, modestly expanding equity capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flagship Minerals Seeks ASX Quotation for Shares Issued on Convertible Note Conversion

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The latest update is out from Pan Asia Metals Ltd. ( (AU:FLG) ).

Flagship Minerals Limited has applied to the ASX for quotation of new ordinary fully paid shares issued as part of the company’s existing capital structure. The application covers 1,621,294 shares created through the conversion of convertible notes and associated capitalised interest, dated 29 December 2025, which will now be admitted to trading, effectively moving debt-like instruments into equity and modestly expanding the company’s free-float and quoted capital base.

More about Pan Asia Metals Ltd.

Average Trading Volume: 404,130

Technical Sentiment Signal: Buy

Current Market Cap: A$54.83M

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

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