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.
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