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News: FG1 Flynn Gold Raises Up To A$6.1 Million Via Institutional Placement & Entitlement Offer

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    15/12/22
    13:10
    Post #: 65325243

    Dec 15 (Reuters) - Flynn Gold Ltd (FG1) :

    • RAISE UP TO A$6.1 MILLION VIA INSTITUTIONAL PLACEMENT & ENTITLEMENT OFFER
    • PLACEMENT AND ENTITLEMENT OFFER WILL BE UNDERTAKEN AT AN ISSUE PRICE OF A$0.10 PER SHARE
    • ANNOUNCES 1 FOR 2 NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE UP TO A$4.8 MILLION (BEFORE COSTS)
    • PROCEEDS OF EQUITY RAISING WILL BE USED TO ACCELERATE EXPLORATION AND DRILLING AT TRAFALGAR PROJECT, AMONG OTHERS
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