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Flynn Gold Launches $3M Rights Issue to Boost Golden Ridge Drilling

9:58am on Thursday 11th of September, 2025 AEST Mining
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Flynn Gold Launches $3M Rights Issue to Boost Golden Ridge Drilling

9:58am on Thursday 11th of September, 2025 AEST
Key Points
  • One-for-three renounceable rights issue priced at 2.3 cents per share
  • Underwritten to $1.5 million by Mahe Capital with major shareholder sub-underwriting $500,000
  • Free attaching options offered at 4 cents exercise price, expiring in 30 months
  • Funds targeted to advance drilling at Golden Ridge and support working capital
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