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Leaf Resources Limited ( (AU:FGH) ) has provided an announcement.
Foresta Group Holdings Limited has secured $2 million AUD through a convertible note agreement with SWAT7D Pty Ltd, which will provide the company with general working capital. This financial move supports Foresta’s strategic positioning in the global market for natural and renewable pine chemicals and biomass pellets, potentially enhancing its operational capabilities and industry standing.
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. The company aims to become a global supplier of these products, which are essential in industrial manufacturing and everyday products like adhesives, inks, and perfumes. Foresta has developed a proprietary process to extract pine chemicals using natural solvents from trees.
Average Trading Volume: 1,169,902
Technical Sentiment Signal: Buy
Current Market Cap: A$23.88M
See more data about FGH stock on TipRanks’ Stock Analysis page.