Applyflow Limited (AU:AFW) has released an update.
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Applyflow Limited is undergoing significant changes with a voluntary suspension of trading pending a transaction, plans for an equity capital raise of up to $2.7 million, and proposed acquisitions of copper and rare earth exploration projects in Canada. The company also seeks shareholder approval for a corporate restructure including securities consolidation, a name change to ‘FMR Resources Ltd’, and the sale of its Applyflow business to focus on these new ventures.
For further insights into AU:AFW stock, check out TipRanks’ Stock Analysis page.