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MRG Metals Limited ( (AU:MRQ) ) has shared an announcement.
MRG Metals Limited has applied to the ASX for quotation of 11.7 million new fully paid ordinary shares and 7.2 million options expiring on 19 August 2027, both issued on 13 January 2026. The securities issuance, linked to the receipt of lead manager fee invoices, slightly enlarges the company’s capital base and may modestly dilute existing holdings while providing compensation and incentives to capital markets intermediaries that support MRG Metals’ ongoing access to funding and market presence.
The most recent analyst rating on (AU:MRQ) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on MRG Metals Limited stock, see the AU:MRQ Stock Forecast page.
More about MRG Metals Limited
MRG Metals Limited is an Australian-listed resources company trading under the ASX code MRQ. The company is involved in the exploration and development of mineral projects, positioning itself within the metals and mining sector and accessing capital through the Australian Securities Exchange to support its activities.
Current Market Cap: A$14.36M
Learn more about MRQ stock on TipRanks’ Stock Analysis page.