tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Forrestania Resources Limited Announces Proposed Securities Issue

Story Highlights
Forrestania Resources Limited Announces Proposed Securities Issue

TipRanks Black Friday Sale

Forrestania Resources Limited ( (AU:FRS) ) just unveiled an update.

Forrestania Resources Limited has announced a proposed issuance of 28,571,429 fully paid ordinary securities, with the issue date set for January 31, 2025. This move is part of a placement or other type of issue, as per the ASX listing rules, and aims to enhance the company’s financial positioning and operational capacity.

More about Forrestania Resources Limited

Average Trading Volume: 1,360,142

Technical Sentiment Signal: Buy

Current Market Cap: A$93.8M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1