Flynn Gold Ltd. (AU:FG1) has released an update.
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Flynn Gold Limited has announced a new securities issue, proposing to issue up to 4,166,666 options and 8,333,333 ordinary shares, with the expected issue date set for May 7, 2024. This strategic move aims to generate capital through a placement or other financial instruments, pending approval from the Australian Securities Exchange (ASX).
For further insights into AU:FG1 stock, check out TipRanks’ Stock Analysis page.