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Fin Resources Expands Share Issuance to Fund Strategic Acquisition

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Fin Resources Expands Share Issuance to Fund Strategic Acquisition

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The latest update is out from Fin Resources Limited ( (AU:FIN) ).

Fin Resources Limited has issued 173,700,000 fully paid ordinary shares without disclosure to investors under the Corporations Act, in compliance with relevant legal provisions. This strategic move is part of the company’s ongoing efforts to enhance its financial position and support its recent acquisition of the high-grade Cabin Lake Gold Project in Canada, potentially strengthening its market presence and offering new opportunities for stakeholders.

More about Fin Resources Limited

Fin Resources Limited operates in the resources industry, focusing on the acquisition and development of mineral projects. The company’s market focus includes high-grade gold projects, as evidenced by its recent acquisition activities.

Average Trading Volume: 10,770,652

Technical Sentiment Signal: Sell

Current Market Cap: A$6.25M

For an in-depth examination of FIN stock, go to TipRanks’ Overview page.

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