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Forrestania Resources Limited ( (AU:FRS) ) has provided an update.
Forrestania Resources Limited has introduced an Unmarketable Parcel Sale Facility to assist shareholders holding shares valued under $500 as of May 1, 2025. This initiative allows these shareholders to sell their shares without incurring brokerage fees, with the company covering all associated costs. The move is expected to streamline administrative processes by reducing the number of small shareholdings, ultimately benefiting the company’s operational efficiency.
More about Forrestania Resources Limited
Forrestania Resources Limited is an Australian resources company focused on exploring gold, copper, and lithium in Western Australia’s Forrestania, Southern Cross, and Eastern Goldfields regions. The company’s projects are strategically located near significant mining operations, including the historic Bounty gold mine and the Covalent Mt Holland Lithium Mine, spanning a total area of approximately 1,000 square kilometers.
YTD Price Performance: 350.0%
Average Trading Volume: 2,355,386
Technical Sentiment Signal: Sell
Current Market Cap: A$11.81M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.