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Felix Gold Ltd Completes $4.8M Capital Raise

Felix Gold Ltd. (AU:FXG) has released an update.

Felix Gold Limited has successfully completed a capital raising by issuing 63,999,981 new shares at $0.075 each, securing $4.8 million to expedite antimony production. The placement was conducted in accordance with ASX Listing Rules and the Corporations Act, without requiring disclosure under Part 6D.2, indicating the company’s adherence to regulatory standards. Felix Gold, with a strong presence in Alaska’s Tintina Gold Province, is focused on becoming the leading gold exploration enterprise in the region.

For further insights into AU:FXG stock, check out TipRanks’ Stock Analysis page.

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