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Firetail Resources Expands Capital with New Share Issuance

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Firetail Resources Expands Capital with New Share Issuance

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An update from Firetail Resources Limited ( (AU:FTL) ) is now available.

Firetail Resources Limited, listed on the ASX under the symbol FTL, has issued 48,500,000 fully paid ordinary shares as part of its recent capital raising efforts. This issuance includes 47,000,000 shares from a placement announced earlier in February and 1,500,000 shares approved during the company’s Annual General Meeting in November 2024. The shares were issued without the need for a disclosure statement under the Corporations Act, and the company confirms compliance with relevant statutory provisions, indicating transparency and adherence to regulatory standards.

More about Firetail Resources Limited

YTD Price Performance: -17.50%

Average Trading Volume: 479,315

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$21.88M

Find detailed analytics on FTL stock on TipRanks’ Stock Analysis page.

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