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FMR Resources to Release 937,500 Escrowed Shares Linked to Chilean Copper-Gold Deal

Story Highlights
  • FMR Resources is a diversified explorer focused on battery and critical minerals projects in Canada and Chile.
  • The company will release 937,500 escrowed shares on 5 February 2026, boosting free float after its Chilean project deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FMR Resources to Release 937,500 Escrowed Shares Linked to Chilean Copper-Gold Deal

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Applyflow Limited ( (AU:FMR) ) has issued an announcement.

FMR Resources Limited will release 937,500 fully paid ordinary shares from voluntary escrow on 5 February 2026, having originally issued the stock to Southern Hemisphere Mining as consideration for its Chilean Copper Gold Porphyry Project earn-in and placement. The end of the escrow period will increase the freely tradable share float, potentially affecting liquidity and ownership dynamics as the company advances its portfolio of battery and critical mineral projects in Canada and Chile.

The most recent analyst rating on (AU:FMR) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Applyflow Limited stock, see the AU:FMR Stock Forecast page.

More about Applyflow Limited

FMR Resources Limited is an ASX-listed diversified exploration company focused on battery and critical minerals. Its Fairfield and Fintry projects in Canada are prospective for copper and rare earth elements, while the Llahuin Project in Chile targets copper, gold and molybdenite, aligning the company with demand from the global energy transition.

Average Trading Volume: 198,978

Technical Sentiment Signal: Sell

Current Market Cap: A$13.6M

For an in-depth examination of FMR stock, go to TipRanks’ Overview page.

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