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Forrestania Resources Limited ( (AU:FRS) ) has shared an announcement.
Forrestania Resources Limited has lodged an application with the ASX for quotation of 237,238,800 ordinary fully paid shares, to be issued on July 8, 2026. The move formalizes the listing of these securities, potentially expanding the company’s tradable equity base and enhancing liquidity for investors in its resource-focused operations.
The application under Appendix 2A follows prior transactional disclosures via Appendix 3B, indicating that the shares arise from previously announced capital or corporate actions. By progressing to quotation, Forrestania Resources strengthens its presence on the ASX, which may support future funding flexibility and broader market participation in the company’s exploration and development initiatives.
The most recent analyst rating on (AU:FRS) stock is a Buy
with a A$1.15 price target.
To see the full list of analyst forecasts on Forrestania Resources Limited stock,
see the AU:FRS Stock Forecast page.
More about Forrestania Resources Limited
Forrestania Resources Limited is an Australian-listed company on the ASX under the ticker FRS. The company operates in the resources sector, with its activities centered on the exploration and development of mineral assets, positioning it within the broader mining and commodities industry.
Average Trading Volume: 3,282,668
Technical Sentiment Signal: Buy
Current Market Cap: A$603M
For a thorough assessment of FRS stock, go to TipRanks’ Stock Analysis page.