Megado Minerals Unveils Capital-Raising Strategy

Megado Gold Ltd. (AU:MEG) has released an update.

Megado Minerals Limited is launching a capital-raising initiative through a non-renounceable pro-rata offer to its shareholders, aiming to raise approximately $1.527 million. Shareholders are offered 1 new share for every 2 shares they hold at an issue price of $0.012 each. This move is part of the company’s strategic effort to fund its proposed acquisition of the Iberian Copper Project.

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