Metro Mining Raises $2.58 Million Through Share Issuance

Metro Mining Limited (AU:MMI) has released an update.

Metro Mining Limited has issued over 102 million new shares to Nebari Natural Resources, raising approximately AUD 2.58 million. This move follows the conversion of Nebari’s Tranche 2 Subscription Warrants at an exercise price of AUD 0.02502 per warrant. The issuance was conducted without disclosure under the Corporations Act, highlighting Metro’s compliance with relevant regulations.

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