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The latest announcement is out from Freehill Mining Ltd. ( (AU:FHS) ).
Freehill Mining Ltd has notified the ASX of a proposed issue of up to 500 million new ordinary fully paid shares and 500 million options. The placement is scheduled for 10 March 2026 and is structured under an Appendix 3B filing as part of the company’s capital management and funding plans.
The substantial increase in both shares and options signals a significant capital-raising initiative that will expand the company’s securities on issue. This move may dilute existing shareholders but is intended to provide Freehill Mining with additional financial flexibility to pursue its operational objectives and future growth initiatives.
More about Freehill Mining Ltd.
Freehill Mining Ltd is an Australian-listed resources company focused on mineral exploration and development. Its primary activity is the issuance and management of ordinary fully paid shares and related securities on the ASX as it funds and advances its mining projects.
Current Market Cap: A$10.65M
Learn more about FHS stock on TipRanks’ Stock Analysis page.