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An announcement from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has announced the issuance of 500,000 fully paid ordinary securities, which are set to be quoted on the Australian Securities Exchange (ASX) under the code FRS. This move is part of the company’s strategy to leverage its options and convertible securities, potentially enhancing its capital structure and market presence.
More about Forrestania Resources Limited
Forrestania Resources Limited operates within the resources sector, 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 increasing its resource base and enhancing shareholder value.
Average Trading Volume: 1,820,394
Technical Sentiment Signal: Buy
Current Market Cap: A$29.5M
See more data about FRS stock on TipRanks’ Stock Analysis page.