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Flynn Gold Ltd. ( (AU:FG1) ) has issued an announcement.
Flynn Gold Ltd. has announced the issuance of 86,900,000 fully paid ordinary shares and 43,450,008 options expiring in April 2028 as part of a follow-on placement. This move is expected to enhance the company’s capital structure, potentially strengthening its financial position and supporting its ongoing exploration activities.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold resources. The company is primarily engaged in identifying and developing gold mining projects in Australia, aiming to expand its resource base and market presence.
Average Trading Volume: 561,516
Technical Sentiment Signal: Buy
Current Market Cap: A$13.57M
For a thorough assessment of FG1 stock, go to TipRanks’ Stock Analysis page.