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Fatfish Group completes 1.50 million Australian dollars financing to expand into crypto mining, digital games and other fields

Australian listed company Fatfish Group has announced the completion of 1.50 million Australian dollar financing. The new funds are intended to expand into crypto mining, digital gaming and cutting-edge technologies, while also supporting the expansion of blockchain activities and the launch of innovative gaming experiences. In addition, the company also announced that it intends to issue up to 125 million shares of fully paid common stock and 74.5 million options, which will expire in April 2027. This strategic move is scheduled to be implemented on November 29, 2024, to strengthen the company's capital structure and support future growth plans.