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

Flynn Gold

15/12/2022 02:07

Dec 15 (Reuters) - Flynn Gold Ltd  FG1.AX :
    * 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

Source text for Eikon:  ID:nASX2fd1sW 
Further company coverage:  FG1.AX 
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