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Pan Asia Metals Ltd. ( (AU:FLG) ) just unveiled an announcement.
Flagship Minerals Limited has announced the issuance of 2,508,889 ordinary fully paid shares on the Australian Securities Exchange (ASX) following the conversion of convertible notes and associated capitalized interest. This move is part of the company’s efforts to enhance its financial structure and potentially improve its market positioning, which could have implications for its stakeholders by increasing liquidity and attracting more investors.
More about Pan Asia Metals Ltd.
Average Trading Volume: 548,164
Technical Sentiment Signal: Buy
Current Market Cap: A$51.53M
For an in-depth examination of FLG stock, go to TipRanks’ Overview page.