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Forrestania Resources Initiates Trading Halt for Capital Raise

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Forrestania Resources Initiates Trading Halt for Capital Raise

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An announcement from Forrestania Resources Limited ( (AU:FRS) ) is now available.

Forrestania Resources Limited (ASX: FRS) has requested a trading halt on its securities as it prepares for a proposed capital raise. The halt will remain until either the company announces the capital raise details or the start of normal trading on February 12, 2025. This action indicates Forrestania’s strategic efforts to secure additional funding, potentially impacting its financial operations and market positioning.

More about Forrestania Resources Limited

Average Trading Volume: 1,148,539

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$2.44M

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

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