Fatfish Group completes A$1.5 million financing to expand into crypto mining, digital games and other fields

11/22 07:10

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Australian listed company Fatfish Group has announced the completion of a AUD 1.5 million financing, with the investor information yet to be disclosed. The new funds are intended to be used for expanding into areas such as cryptocurrency mining, digital games, and cutting-edge technology, as well as supporting the expansion of blockchain activities and launching innovative gaming experiences. In addition, the company has announced plans to issue up to 125 million fully paid ordinary shares and 74.5 million options, which will expire in April 2027. This strategic move is scheduled to be implemented on November 29, 2024, with the aim of strengthening the company's capital structure and supporting future growth plans.

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