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An announcement from Flynn Gold Ltd. ( (AU:FG1) ) is now available.
Flynn Gold Ltd has successfully raised $5 million through a rights issue and additional placement to accelerate its exploration activities in Tasmania. The capital will be used to advance multiple high-priority projects, including the Golden Ridge Project and the Henty North Project, amidst strong investor interest and favorable market conditions for gold, silver, and critical metals. This financial boost positions Flynn Gold to enhance its exploration momentum and strengthen its market position.
More about Flynn Gold Ltd.
Flynn Gold Ltd is a company operating in the mining industry, focusing on the exploration and development of gold, silver, and critical metals projects primarily in Tasmania. The company is actively engaged in expanding its exploration efforts to capitalize on the rising demand and prices for these metals.
Average Trading Volume: 559,517
Technical Sentiment Signal: Buy
Current Market Cap: A$13.57M
For a thorough assessment of FG1 stock, go to TipRanks’ Stock Analysis page.