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Felix Gold Ltd. Raises Funds to Boost Antimony Mine
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Felix Gold Ltd. Raises Funds to Boost Antimony Mine

Felix Gold Ltd. (AU:FXG) has released an update.

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Felix Gold Ltd. successfully secures $4.8 million through a new share placement at $0.075 each, backed by strong investor support, including a major North American asset manager. The raised capital is earmarked for accelerating development and exploration, especially for launching near-term antimony production at the Scrafford Antimony Mine. The company also plans to repay outstanding notes to MDF Global Limited with the issue of additional shares.

For further insights into AU:FXG stock, check out TipRanks’ Stock Analysis page.

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