Metal Bank Limited (AU:MBK) has released an update.
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Metal Bank Limited successfully closed its Entitlement Offer fully subscribed, raising $1.56 million to fund its exploration projects in Australia, Saudi Arabia, and Jordan. The company is set to advance its Livingstone gold project and Millennium copper-cobalt-graphite project, with new institutional investors joining its register. This capital boost positions Metal Bank to enhance its Australian projects and pursue its MENA strategy, signaling a busy year ahead in 2025.
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