Скачать или смотреть Far East Gold Secures Tranche 3 Funding – A$14.67M Strategic Investment Complete

Far East Gold (ASX: FEG) has successfully completed the third and final tranche of its strategic investment agreement with Xingye Gold Hong Kong Mining Company Limited. With A$4.78 million now received, the total investment from Xingye reaches A$14.67 million, securing a 19.99% stake in FEG.

This funding strengthens FEG’s ability to execute its 2025 exploration strategy, with a focus on advancing its four potential Tier 1 assets across Australia and Indonesia.

🔹 Key Highlights:
✔️ Tranche 3 funds of A$4.78M received
✔️ Total Xingye investment reaches A$14.67M (19.99% stake)
✔️ Placement price at A$0.20 per share (47% premium to July/August placement)
✔️ Fully funded to accelerate exploration in 2025

📢 What’s Next?
FEG will focus on unlocking asset value across its portfolio, working alongside Xingye to advance key projects.

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