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An announcement from MRG Metals Limited ( (AU:MRQ) ) is now available.
MRG Metals Limited has announced a pro-rata non-renounceable rights issue, offering three new MRQOA options for every ten shares held by eligible shareholders at a price of $0.001 per option. The funds raised will be directed towards mining exploration projects, general working capital, and offer expenses. The company plans to apply for the quotation of these new options on the ASX, which could potentially enhance its financial resources and support its exploration activities.
More about MRG Metals Limited
MRG Metals Limited is a company operating in the mining industry, focusing on exploration projects. The company is listed on the Australian Securities Exchange under the code MRQ and is involved in various mining exploration initiatives.
Current Market Cap: A$10.91M
For detailed information about MRQ stock, go to TipRanks’ Stock Analysis page.