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Felix Gold Ltd. Announces Proposed Issue of Securities

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Felix Gold Ltd. ( (AU:FXG) ) just unveiled an update.

Felix Gold Ltd. has announced a proposed issue of 82,041,410 ordinary fully paid securities, set to be issued on May 9, 2025. This move is part of the company’s strategy to raise capital, potentially impacting its operational capacity and market positioning by enhancing its financial resources for future projects.

More about Felix Gold Ltd.

Felix Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is engaged in identifying and developing gold mining projects, with a market focus on expanding its gold asset portfolio.

YTD Price Performance: 102.38%

Average Trading Volume: 1,683,854

Technical Sentiment Signal: Sell

Current Market Cap: A$55.91M

See more insights into FXG stock on TipRanks’ Stock Analysis page.

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