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Felix Gold Ltd. ( (AU:FXG) ) has issued an announcement.
Felix Gold Limited has successfully completed a placement, issuing 27,636,010 new fully paid ordinary shares at $0.155 each, raising $4.283 million. This development follows shareholder approval and is part of the company’s strategy to strengthen its financial position and support its exploration activities in the Fairbanks Gold District. The completion of this placement is expected to enhance Felix Gold’s operational capabilities and reinforce its position in the gold exploration industry, potentially benefiting stakeholders through increased exploration and development opportunities.
More about Felix Gold Ltd.
Felix Gold Limited (ASX: FXG) is an ASX-listed gold discovery business operating in the Tintina Gold Province of Alaska, USA. The company holds a substantial landholding in the Fairbanks Gold District, a major gold production center, and is focused on exploring and developing Tier 1 gold discoveries. Felix Gold benefits from its proximity to existing infrastructure and skilled workforce in Fairbanks City, allowing year-round exploration and potential development pathways for its assets.
Average Trading Volume: 1,488,586
Technical Sentiment Signal: Buy
Current Market Cap: A$55.52M
See more data about FXG stock on TipRanks’ Stock Analysis page.