Flynn Gold Ltd. (AU:FG1) has released an update.
Flynn Gold Limited successfully reached the maximum subscription amount in its Rights Issue, leading to an additional Placement Offer to raise $250,000 before costs. This supplementary prospectus updates the terms, with 8,333,333 New Shares at $0.03 each to be issued, alongside 4,166,666 free-attaching New Options. In total, the combined efforts of the Rights Issue and Placement Offer have amassed $2,712,114 for the company before costs.
For further insights into AU:FG1 stock, check out TipRanks’ Stock Analysis page.
