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First Graphene Announces Issuance of Unlisted Options

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First Graphene Announces Issuance of Unlisted Options

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First Graphene Ltd ( (AU:FGR) ) has shared an announcement.

First Graphene Limited has announced the issuance of 6,000,000 unlisted options with an exercise price of 8.75 cents, set to expire two years from the grant date, on March 27, 2025. This move marks a strategic step for the company, potentially impacting its capital structure and providing growth opportunities in the advanced materials sector through increased financial flexibility.

More about First Graphene Ltd

First Graphene Limited is a company operating in the advanced materials industry, focusing on the production and supply of graphene, a material known for its strength and conductivity, with applications across various sectors including electronics, energy storage, and composites.

YTD Price Performance: 100.0%

Average Trading Volume: 292,130

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $28.41M

For a thorough assessment of FGR stock, go to TipRanks’ Stock Analysis page.

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