FMR Resources Expands with Strategic Acquisitions

Applyflow Limited (AU:FMR) has released an update.

FMR Resources Limited has successfully completed the acquisition of Fairfield and Fintry exploration projects by purchasing Canada Future Metals Pty Ltd, supported by a $2.7 million equity capital raise. The company also announced the disposal of its Applyflow business and changes to the board, including the appointment of geologist Bill Oliver as Non-Executive Director. Following these strategic moves, FMR Resources Limited is poised to explore new directions, reflected in its name change and share consolidation.

For further insights into AU:FMR stock, check out TipRanks’ Stock Analysis page.