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Frontier Resources Limited ( (AU:FUN) ) just unveiled an update.
Fortuna Metals Limited announced the issuance and allotment of 55 million ordinary shares for the acquisition of Ice Shelf Resources Pty Ltd, along with 5 million shares to a director related to the acquisition. This move, executed without disclosure under Part 6D.2 of the Corporations Act, signifies a strategic expansion for Fortuna Metals, potentially enhancing its market positioning and operational capabilities.
More about Frontier Resources Limited
YTD Price Performance: 324.24%
Average Trading Volume: 754,119
Technical Sentiment Signal: Sell
Current Market Cap: A$26.23M
For detailed information about FUN stock, go to TipRanks’ Stock Analysis page.