Flynn Completes Sale of WA Projects
Released
Released
Announcement PDF
JOIN FLYNN GOLD’S INTERACTIVE INVESTOR HUB to interact with
Flynn’s announcements and updates by asking questions or
making comments which our team will respond to where possible
ASX Announcement
1 May 2026
ASX: FG1
ABN 82 644 122 216
CAPITAL STRUCTURE
Share Price: A$0.025
Cash (31/03/26): A$2.48M
Debt: Nil
Ordinary Shares: 608.6M
Market Cap: A$15.2M
Options
Listed (FG1O): 50.6M
Listed (FG1OA): 118.7M
Unlisted Options: 65.5M
BOARD OF DIRECTORS
Clive Duncan
Non-Executive Chair
Neil Marston
Managing Director and CEO
Sam Garrett
Technical Director
John Forwood
Non-Executive Director
COMPANY SECRETARY
Mathew Watkins
CONTACT
Suite 2, Level 11,
385 Bourke Street,
Melbourne,
Victoria, 3000
+61 (0) 3 9692 7222
info@flynngold.com.au
www.flynngold.com.au
Flynn Completes Sale of WA
Projects
Highlights
• Flynn has completed the sale of its Forrestania and Lake
Johnston Projects in Western Australia to Forrestania
Resources (ASX: FRS).
• Consideration of $350,000 settled by the issue of FRS shares.
• The sale frees up Flynn’s resources to focus on its portfolio of
Tasmanian gold, tungsten and silver projects.
• For further information or to post questions, go to the Flynn Gold
Investor Hub at https://flynngold.com.au/link/P7QRoe
Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is
pleased to advise that it has completed the sale of its Forrestania and
Lake Johnston Projects, located in Western Australia.
Under an agreement announced on 25 February 2026, the Company
agreed to sell its 100% interest in both projects to Forrestania
Resources Limited (ASX: FRS, “Forrestania”) for consideration
comprising $350,000 in fully-paid ordinary shares in the capital of the
Forrestania at a deemed issue price of $0.5457 each.
The sale of these projects is in accordance with Flynn’s strategy to
divest or joint venture its Western Australian exploration assets so that
the Company can focus its resources on its high quality gold, tungsten
and silver projects in Tasmania.
Approved by the Board of Flynn Gold Limited
For more information contact:
Neil Marston
Managing Director & CEO
+61 3 9692 7222
info@flynngold.com.au
Nicholas Read
Media & Investor Relations
+61 (0) 419 929 046
nicholas@readcorporate.com.au
Page 2 of 2 | ABN 82 644 122 216 | ASX: FG1
Suite 2, Level 11, 385 Bourke Street, Melbourne, Victoria, 3000
info@flynngold.com.au | www.flynngold.com.au
About Flynn Gold
Flynn Gold is an Australian mineral exploration company with a portfolio of projects in Tasmania (see Figure
1). The Company has ten 100% owned tenements located in northeast Tasmania which are highly
prospective for gold as well as tin/tungsten.
The Company also has the Henty zinc-lead-silver project on Tasmania’s mineral-rich west coast and the
Firetower gold and critical metals project located in northern Tasmania.
Flynn also has a portfolio of gold-lithium exploration assets in the Pilbara region of Western Australia.
For further information regarding Flynn Gold please visit the ASX platform (ASX: FG1) or the Company’s
website www.flynngold.com.au.’
Figure 1 – Location of Flynn Gold tenements in Tasmania.
Share your feedback
Discover