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The latest announcement is out from Frontier Resources Limited ( (AU:FUN) ).
Fortuna Metals Limited reported that all resolutions put to shareholders at its 22 December general meeting were passed by poll, including the ratification of a prior placement of shares, approval for related-party participation in that placement by director Peter Pawlowitsch, and the issuance of options to joint lead managers. The strong levels of support for each resolution, reflected in high ‘for’ vote percentages across more than 103 million exercisable proxy votes, consolidate the company’s recent capital-raising arrangements and strengthen its financial and advisory framework for advancing ongoing projects and corporate strategy.
More about Frontier Resources Limited
Fortuna Metals Limited (ASX: FUN) is an Australian-listed company operating in the metals and mining sector, focused on capital raising and investment activities to fund its resource projects and related corporate initiatives.
YTD Price Performance: 151.52%
Average Trading Volume: 688,918
Technical Sentiment Signal: Sell
Current Market Cap: A$23.49M
For a thorough assessment of FUN stock, go to TipRanks’ Stock Analysis page.