Investor Presentation
Released
Released
Announcement PDF
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ASX: FXG
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Fairbanks, Alaska
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• $17 million two-tranche placement to sophisticated and professional investors (Placement) comprising:
• $12.7 million under the Company’s placement capacity under ASX Listing Rules 7.1 and 7.1A (Tranche One); and
• $4.3 million subject to shareholder approval at a general meeting of the Company to be held on or around 19 June 2025
(Tranche Two)
• Offer price of A$0.155 per New Share representing:
• 8.8% discount to the last trade price of A$0.17 on 30 April 20251; and
• 11.7% discount to the 5-day volume weighted average trading price (VWAP) of A$0.176 as at 30 April 20251.
• Funds raised from the Placement will be applied to drilling, exploration, scoping studies, permitting, other corporate costs
including the costs of the Placement
• Petra Capital Pty Limited – Sole Lead Manager and Sole Bookrunner to the Placement
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Placement Tranche One Settlement Date – 8 May 2025
Placement Tranche One Allotment Date – 9 May 2025
General Meeting – on or around 19 June 2025
Placement Tranche Two Settlement Date – 26 June 2025
Placement Tranche Two Allotment Date- 27 June 2025
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