Future Metals NL (AU:FME) has released an update.
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Future Metals NL aims to raise $39,923 through the offer of 159,691,684 new options at $0.00025 each, with the offer fully underwritten by CPS Capital Group Pty Ltd. The options are considered highly speculative and the company advises investors to seek professional advice. The offer is detailed in a prospectus that does not provide the same level of disclosure as an initial public offering prospectus and is intended for existing shareholders, excluding those outside Australia and New Zealand.
For further insights into AU:FME stock, check out TipRanks’ Stock Analysis page.