Megado Gold Ltd. (AU:MEG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Megado Minerals Limited has announced its acquisition of an 80% interest in a significant European copper project, signaling a strategic move into the critical copper market. The project includes 12 permits over 956 square kilometers of historically copper-rich territory in Northern Spain. The company plans a rights issue and share placement to fund this expansion, pending shareholder approval.
For further insights into AU:MEG stock, check out TipRanks’ Stock Analysis page.