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Flynn Gold Ltd. ( (AU:FG1) ) just unveiled an update.
Flynn Gold Ltd has announced the dispatch of its Renounceable Rights Issue Prospectus and Entitlement and Acceptance Forms to eligible shareholders. The offer aims to raise up to $3 million, with a one-for-three rights issue priced at 2.3 cents per new share, and includes free attaching options. The funds raised will primarily support the advancement of Flynn Gold’s Golden Ridge Project, enhancing its operational capabilities and market position.
More about Flynn Gold Ltd.
Flynn Gold Ltd is an Australian mineral exploration company with a diverse portfolio of projects in Tasmania and Western Australia. The company focuses on gold exploration, with ten 100% owned tenements in northeast Tasmania, and also explores for tin, tungsten, zinc, lead, silver, and battery metals. Flynn Gold has established assets in the Pilbara and Yilgarn regions of Western Australia.
Average Trading Volume: 492,728
Technical Sentiment Signal: Sell
Current Market Cap: A$13.04M
For an in-depth examination of FG1 stock, go to TipRanks’ Overview page.