BRIEF-FBR To Raise A$6.3 Million Via Placement

Reuters

2025/03/27

March 27 (Reuters) - FBR Ltd FBR.AX:

TO RAISE A$6.3 MILLION VIA PLACEMENT AT A$0.01 PER SHARE
TO REDUCE ANNUAL COSTS BY 70% THROUGH HEADCOUNT AND SALARY REDUCTIONS
TO CONSOLIDATE TO SINGLE FACILITY IN WESTERN AUSTRALIA BY JUNE 2025

Further company coverage: FBR.AX

((Reuters.Briefs@thomsonreuters.com;))

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