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 (ASX:MEG) has announced a non-renounceable entitlement offer to raise up to $1.527 million, issuing 1 new share for every 2 existing shares at $0.012 per share. The funds will support exploration at the Iberian Copper Project, Canadian lithium projects, and general working capital. Eligible shareholders in Australia, New Zealand, and Spain are invited to participate, with the offer closing on 27 November 2024.
For further insights into AU:MEG stock, check out TipRanks’ Stock Analysis page.