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Forrestania Resources Plans New Share Issue

Forrestania Resources Plans New Share Issue

Forrestania Resources Limited (AU:FRS) has released an update.

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Forrestania Resources Limited has announced a new securities issue, proposing to issue a maximum of 27,529,880 ordinary fully paid shares under the ASX security code FRS, with the proposed issue date set for October 21, 2024. This strategic move aims to enhance the company’s capital structure and support its financial growth plans.

For further insights into AU:FRS stock, check out TipRanks’ Stock Analysis page.

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