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Monger Gold Ltd. ( (AU:LLM) ) has issued an announcement.
Loyal Metals Limited has lodged a prospectus for the IPO of Desert Minerals Limited, which will focus on the Scotty Lithium Project in Nevada and the Mt Monger Gold Projects in Australia. The IPO aims to raise $5 million, with a priority offer for Loyal’s shareholders, allowing Loyal to concentrate on its Highway Reward Copper-Gold Project and lithium portfolio, while Desert Minerals will operate independently to advance its projects.
More about Monger Gold Ltd.
Loyal Metals Limited (ASX: LLM) is a resource exploration company with projects in North America and Australia. The company focuses on delineating JORC compliant resources to create value for its shareholders.
Average Trading Volume: 755,617
Technical Sentiment Signal: Buy
See more data about LLM stock on TipRanks’ Stock Analysis page.