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31/07/20
12:17
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Freehill Mining (ASX:FHS) ends quarter in “strong financial position”
- Freehill Mining (FHS) has ended the June quarter with more cash in the bank, following a placement, debt conversion and exercise of options
- Freehill start the quarter with $296,000 available and ended June with more than $900,000 in the bank
- The June quarter also saw the company deliver an increased magnetite resource for its Yerbas Buenas (YB) project in Chile
- Freehill's subsidiary also signed a binding agreement to acquire the adjoining El Dorado tenements
- Shares in the company are trading steady at 5.7 cents per share
Read the full article on The Market Herald here: https://themarketherald.com.au/freehill-mining-asxfhs-ends-quarter-in-strong-financial-position-2020-07-31/