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Flynn Gold Ltd. ( (AU:FG1) ) just unveiled an update.
Flynn Gold Ltd. has successfully raised $2.6 million through a two-tranche placement, receiving strong support from institutional and sophisticated investors. The funds will be used to accelerate exploration and drilling at the Golden Ridge Project, continue exploration on the Henty Silver-Lead Project, and for general working capital, enhancing the company’s operational capabilities and market positioning.
More about Flynn Gold Ltd.
Flynn Gold Ltd. operates in the mining industry, focusing on the exploration and development of gold and silver projects in Australia. The company’s primary projects include the Golden Ridge Project and the Henty Silver-Lead Project, with a market focus on advancing these exploration opportunities.
YTD Price Performance: -13.33%
Average Trading Volume: 150,174
Technical Sentiment Consensus Rating: Hold
Find detailed analytics on FG1 stock on TipRanks’ Stock Analysis page.