Flynn Gold raises $10 million from oversubscribed initial public offer to advance gold exploration
Flynn is aiming to commence diamond drilling at its flagship Golden Ridge project in Tasmania in early May. The company will have a market capitalisation of A$19 million at the IPO issue price.
Flynn Gold Ltd has closed its initial public offer (IPO) after raising the maximum amount under the offer of $10 million.
Following its oversubscribed placement, Flynn will now progress its plans to list on ASX and is currently expecting to commence trading of its shares on or around May 10, 2021 under the code FG1.
Multiple exploration licences
» Lynn Golden, 68, of Arnolds Park kicdam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kicdam.com Daily Mail and Mail on Sunday newspapers.