Far East Gold Ltd (AU:FEG) has released an update.
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Far East Gold Ltd has announced the issuance of 2.5 million new shares at A$0.10 each, under a Conditional Share Purchase Agreement, as per the company’s latest ASX filing. The shares were issued without investor disclosure under the Corporations Act, and the company confirms compliance with all relevant provisions. Far East Gold focuses on copper/gold exploration in Australia and Indonesia.
For further insights into AU:FEG stock, check out TipRanks’ Stock Analysis page.