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Forrestania Resources Limited ( (AU:FRS) ) has issued an update.
Forrestania Resources Limited has announced a proposed issue of 45,450,000 performance rights, set to expire on October 31, 2028. This move is part of a placement or other type of issue, which could potentially impact the company’s market positioning by increasing its capital base and providing more resources for future exploration and development activities.
More about Forrestania Resources Limited
Forrestania Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and capitalizing on opportunities within the mining sector.
Average Trading Volume: 1,327,375
Technical Sentiment Signal: Buy
Current Market Cap: A$118.3M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.