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Frontier Resources Limited ( (AU:FUN) ) just unveiled an update.
Fortuna Metals Ltd has announced a proposed issuance of securities, including Class A and Class B Performance Shares, Employee Performance Shares, and fully paid ordinary shares, totaling 142,500,000 securities. This issuance is intended to support the company’s strategic initiatives and potentially enhance its market position by providing performance-based incentives to employees and raising capital through the issuance of ordinary shares.
More about Frontier Resources Limited
YTD Price Performance: 112.12%
Average Trading Volume: 324,548
Technical Sentiment Signal: Sell
Current Market Cap: A$11.62M
For detailed information about FUN stock, go to TipRanks’ Stock Analysis page.