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Future Metals NL ( (AU:FME) ) has issued an announcement.
Future Metals NL has announced a pro-rata non-renounceable entitlement offer to raise approximately A$2.64 million. The funds will be used to advance the Eileen Bore Cu-Ni-PGM project and for working capital. The offer is partially underwritten by CPS Capital Group Pty Ltd and is available to eligible shareholders in specific jurisdictions, excluding those in the United States and other countries due to regulatory and cost considerations.
More about Future Metals NL
Future Metals NL operates in the mining industry, focusing on the development of mineral resources. The company’s primary project is the Eileen Bore Cu-Ni-PGM project, which involves the exploration and development of copper, nickel, and platinum group metals.
Average Trading Volume: 602,067
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.91M
See more insights into FME stock on TipRanks’ Stock Analysis page.