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MRG Metals Limited ( (AU:MRQ) ) has shared an announcement.
MRG Metals Limited has announced the issuance of 9,149,800 MRQOD options to Peak Asset Management as compensation for capital raising services, with an exercise price of $0.004 and an expiration date of August 19, 2027. This strategic move, approved at the recent Annual General Meeting, is part of the company’s efforts to strengthen its financial position and support its ongoing exploration and development activities, potentially impacting its market positioning and stakeholder interests positively.
More about MRG Metals Limited
MRG Metals Limited operates in the mining industry and is engaged in the exploration and development of mineral resources. The company focuses on identifying and developing high-potential mineral projects, primarily targeting valuable resources that can be developed into profitable mining operations.
Current Market Cap: A$10.91M
Learn more about MRQ stock on TipRanks’ Stock Analysis page.