Welcome to our dedicated page for FRNT FINL news (Ticker: FRFLF), a resource for investors and traders seeking the latest updates and insights on FRNT FINL stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FRNT FINL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FRNT FINL's position in the market.
FRNT Financial (TSXV: FRNT) (OTCQB: FRFLF) has announced that due to the ongoing Canada Post strike, materials for its upcoming Annual General and Special Meeting scheduled for December 12, 2024, are available on SEDAR+ and the company's website.
Registered shareholders can obtain their control numbers through Odyssey Trust Company to vote online by the December 10, 2024 deadline at 1:00 p.m. Toronto time. Beneficial shareholders should contact their brokers for proxy requests.
Additionally, the company has granted 150,000 stock options to certain directors, exercisable at C$0.50 per share. The options will vest quarterly over four years starting January 1, 2025, with a five-year exercise period after each vesting date.
FRNT Financial Inc. (TSXV: FRNT) (OTCQB: FRFLF) has released its FY24 financial results and business update, highlighting growth amid challenging market conditions in the cryptocurrency space. Key highlights include:
- Institutional services revenues grew 3.6x year-over-year to approximately $1.6M
- Current assets of CAD $5.13M, down 12% over the period
- Treasury investments saw +23% ROE year-over-year
- Executing on $500 million in notional mandates for advisory and consulting services
- Partnership with BitGo on an automated lending platform
- Most active month in spot-trading services in two years (July 2024)
- FCA registration for FRNT Financial UK
CEO Stéphane Ouellette expressed optimism about the company's position as the crypto market enters a period of expansion.
FAQ
What is the current stock price of FRNT FINL (FRFLF)?
What is the market cap of FRNT FINL (FRFLF)?
