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Flagship Minerals Limited (ASX:FLG)

ALERT: Price-sensitive ASX Announcement for FLG
Current share price for FLG : $0.165 0 (0%)+
Release
21 Jul 2026 12:08PM
Price at Release
$0.165
Full Release
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Summary
Flagship Minerals Limited announced that it has successfully received a full cash payment of USD 4 million for the sale of its RK Lithium Project in southern Thailand. This transaction marks a significant step in Flagship's strategic shift towards focusing on gold and copper exploration and development, as the company also plans a follow-on sale of its Khao Soon Tungsten Project in Thailand and exploration efforts in the Isidora Gold Project in Chile and the Whipsaw Copper Project in Canada.
Key Points
  • Flagship received USD 4 million for RK Lithium Project in full.
  • This transaction aids in Flagship's shift to gold and copper.
  • Future sale planned for Khao Soon Tungsten Project.
  • Focus on Isidora Gold Project and Whipsaw Copper Project.
  • Strategic transition to gold and copper only exploration.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.