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Pan Asia Metals Ltd. ( (AU:FLG) ) has issued an update.
Flagship Minerals Limited has applied to the Australian Securities Exchange for quotation of 399,104 new fully paid ordinary shares. These shares were issued following the conversion of convertible notes and associated capitalised interest, modestly expanding the company’s quoted capital base and signalling the transition of debt-like instruments into equity, which may have implications for its capital structure and existing shareholders’ dilution.
More about Pan Asia Metals Ltd.
Average Trading Volume: 398,358
Technical Sentiment Signal: Buy
Current Market Cap: A$79.43M
For detailed information about FLG stock, go to TipRanks’ Stock Analysis page.