Highlights

• Flynn Gold raises $2.6 million via two tranche placement supported by major shareholder

• Proceeds of the equity raising will be applied:

• to accelerate exploration and drilling at the Golden Ridge Project

• for exploration on the Henty Silver-Lead Project, and

• for general working capital

• Shares to be issued under the Placement at $0.02 per share

• One (1) free attaching unlisted option to be issued for every two (2) New Shares issued under the Placement, exercisable at A$0.04 with an expiry date of 3 years from the date of issue