Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Forrestania Resources Limited ( (AU:FRS) ) has issued an announcement.
Forrestania Resources Limited has announced a proposed issue of securities, specifically director options, to be executed by July 31, 2025. This issuance includes 20 million Class A options exercisable at $0.075 and 10 million Class B options exercisable at $0.11, both expiring three years from the date of issue. The move is aimed at strengthening the company’s financial position and aligning the interests of its directors with those of shareholders, potentially impacting its market standing and operational strategy.
More about Forrestania Resources Limited
Forrestania Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of minerals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 2,351,041
Technical Sentiment Signal: Buy
Current Market Cap: A$12.9M
For detailed information about FRS stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue