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Future Metals NL Completes Entitlement Offer, Raises A$2.64 Million

Story Highlights
  • Future Metals NL raised A$2.64 million through a non-renounceable entitlement offer.
  • Zeta Resources Limited acquired a 9.9% stake in Future Metals, impacting shareholder interests.
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Future Metals NL Completes Entitlement Offer, Raises A$2.64 Million

Confident Investing Starts Here:

The latest update is out from Future Metals NL ( (AU:FME) ).

Future Metals NL successfully completed a 1-for-3 pro-rata non-renounceable entitlement offer, raising approximately A$2.64 million. The offer was fully underwritten by CPS Capital Group and Zeta Resources Limited, with Zeta acquiring a 9.9% stake in the company’s enlarged share capital. The new shares are expected to commence trading on AIM on 23 June 2025, increasing the total shares in issue to 958,400,824, which may impact shareholder voting rights and interests.

More about Future Metals NL

Future Metals NL operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the ASX and AIM under the ticker FME.

Average Trading Volume: 1,764,979

Technical Sentiment Signal: Sell

Current Market Cap: A$10.78M

For detailed information about FME stock, go to TipRanks’ Stock Analysis page.

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