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An announcement from Applyflow Limited ( (AU:FMR) ) is now available.
FMR Resources Limited has completed a transaction to earn a majority interest in a promising copper-gold-molybdenite project in Chile, marking a strategic expansion in its operations. The company has commenced a maiden drilling program at the Southern Porphyry target area, which is believed to hold a substantial copper porphyry system. Additionally, FMR has raised $3.4 million through a placement and appointed Justin Werner as a Non-executive Director, signaling a strengthening of its financial and leadership position.
More about Applyflow Limited
FMR Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in copper, gold, and molybdenite projects, with a significant market focus on prospective mining areas in Chile.
Average Trading Volume: 240,731
Technical Sentiment Signal: Buy
Current Market Cap: A$20.4M
Find detailed analytics on FMR stock on TipRanks’ Stock Analysis page.