Forrestania’s Discounted Share Purchase Plan

Forrestania Resources Limited (AU:FRS) has released an update.

Forrestania Resources Limited is inviting its eligible shareholders to participate in a Share Purchase Plan (SPP) where they can buy up to $30,000 worth of shares at a discounted rate without transaction costs. The offer, closing on 31 October 2024, aims to raise $606,697 to fund drilling, exploration, and other company initiatives. Shareholders will benefit from a discounted share price of $0.0125, representing a 17.54% discount from the recent trading price.

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