Metgasco Ltd (AU:MEL) has released an update.
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Metgasco Ltd has announced a new securities issuance slated for July 5, 2024, which includes 5 million options expiring in June 2027 at $0.01 and 50 million ordinary shares. The company has provided this information to the ASX for approval and quotation under the ASX Listing Rules. This move is aimed at raising capital through a placement or similar securities issue.
For further insights into AU:MEL stock, check out TipRanks’ Stock Analysis page.