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Far East Gold Ltd ( (AU:FEG) ) just unveiled an announcement.
Far East Gold Ltd has announced the results of its Annual General Meeting, where key resolutions, including the re-election of directors and the adoption of the remuneration report, were carried out successfully. However, the proposal for a 10% placement capacity was not approved. This development indicates a continued focus on stable leadership while facing challenges in expanding capital placement, impacting the company’s strategic financial planning.
More about Far East Gold Ltd
Far East Gold Limited (ASX: FEG) is an ASX-listed exploration company focusing on copper and gold, with six advanced projects located in Australia and Indonesia.
Average Trading Volume: 236,461
Technical Sentiment Signal: Buy
Current Market Cap: A$58.72M
For a thorough assessment of FEG stock, go to TipRanks’ Stock Analysis page.