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Multi-billion dollar fund backs Far East's Indonesian search

AFTER reporting significant unsolicited approaches from several large-scale strategic investors, explorer Far East Gold has decided to take advantage of the inbound interest and accept capital injection for only the second time since its 2022 IPO.

Haydn Black
Multi-billion dollar fund backs Far East's Indonesian search

With Luxembourg-based diversified fund Eurasian Resources Group as a new cornerstone investor with $4 million, Far East has closed a $6.9 million placement at 25c per share to fund work across its three...

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