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The latest update is out from Forrestania Resources Limited ( (AU:FRS) ).
Forrestania Resources Limited, a company listed on the Australian Securities Exchange (ASX) under the code FRS, has announced a proposed issue of securities. The company plans to issue a total of 35,692,250 securities, including options expiring in 2028 and ordinary fully paid shares, with the proposed issue date set for October 31, 2025. This move is likely aimed at raising capital to support its operations and growth initiatives.
More about Forrestania Resources Limited
Average Trading Volume: 1,327,375
Technical Sentiment Signal: Buy
Current Market Cap: A$118.3M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.