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Felix Gold Ltd. Announces Proposed Securities Issue

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Felix Gold Ltd. ( (AU:FXG) ) just unveiled an update.

Felix Gold Ltd. has announced a proposed issue of securities, with a total of 27,636,010 ordinary fully paid shares to be issued. This move is part of a placement or other type of issue, scheduled for June 26, 2025, and is expected to impact the company’s capital structure and potentially enhance its market positioning by providing additional financial resources.

More about Felix Gold Ltd.

Felix Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is dedicated to discovering and developing gold deposits, primarily targeting regions with high potential for gold mining.

YTD Price Performance: 102.38%

Average Trading Volume: 1,683,854

Technical Sentiment Signal: Sell

Current Market Cap: A$55.91M

Learn more about FXG stock on TipRanks’ Stock Analysis page.

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