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Foresta Group Expands Market Presence with New Share Issuance

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Foresta Group Expands Market Presence with New Share Issuance

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Leaf Resources Limited ( (AU:FGH) ) has shared an announcement.

Foresta Group Holdings Limited has issued 5,000,000 fully paid ordinary shares without disclosure to investors under the Corporations Act 2001. This move is part of the company’s compliance with regulatory requirements and indicates its ongoing efforts to strengthen its market position and operational capabilities.

More about Leaf Resources Limited

Foresta Group Holdings Limited is a leading company in the natural and renewable pine chemical and biomass pellet manufacturing industry. It aims to become a global supplier by utilizing a proprietary process to extract pine chemicals such as rosin and terpenes, which are used in various industrial manufacturing applications including adhesives, inks, and perfumes.

Average Trading Volume: 2,911,828

Technical Sentiment Signal: Buy

Current Market Cap: A$89.4M

For a thorough assessment of FGH stock, go to TipRanks’ Stock Analysis page.

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