Flynn Gold Ltd. (AU:FG1) has released an update.
Flynn Gold Ltd. successfully closed a rights issue that was met with significant excess demand, raising a total of $2.712 million, surpassing their initial $2.5 million target. The funds will primarily facilitate the advancement of the Trafalgar high-grade gold discovery in Tasmania, with drilling operations already in motion. The company expressed gratitude towards its shareholders and welcomed new investors to its share registry.
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