Surefire Resources Announces Major Equity Swap

Surefire Resources NL (AU:SRN) has released an update.

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Surefire Resources NL has announced the approval of a partial debt for equity swap by its shareholders, resulting in the issuance of 350 million fully paid ordinary shares. This move, approved at the 2024 AGM, is aimed at enhancing the company’s financial flexibility and market position. The newly issued shares are set to be quoted on the ASX, marking a significant step in Surefire’s strategic financial developments.

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

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