Future Metals NL - Australian-based metal exploration company - Says it will issue 110.6 million new shares as well as up to 55.3 million entitlement options to raise AUD2.2 million, or GBP1.7 million. Says the entitlement issue will be held at a price of 1.6 pence per share

Current stock price: AUD0.031 each

12-month change: down 69%

By Harvey Dorset, Alliance News reporter

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