Far East Gold Ltd (AU:FEG) has released an update.
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Far East Gold Ltd has announced a new proposed issue of securities, aiming to release a total of 71,236,739 ordinary fully paid shares. The targeted issue date for these securities is set for October 31, 2024. This move by the mining entity is intended to engage new investors and strengthen its financial position in the market.
For further insights into AU:FEG stock, check out TipRanks’ Stock Analysis page.