Far East Gold Ltd (AU:FEG) has released an update.
Far East Gold Ltd has successfully completed a funding round, securing $4 million through a Share Purchase Plan (SPP) and an institutional Placement, highlighting robust shareholder support. The capital raised will be primarily used to advance exploration activities at their promising Trenggalek, Idenburg, and Woyla Projects in Indonesia. This financial boost underscores the company’s commitment to unlocking value from its high-potential assets and propelling forward with its strategic objectives.
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