Nex Metals Explorations Ltd (AU:NME) has released an update.
Nex Metals Explorations Ltd has announced a new cash placement, raising $200,000 through the issue of 11,111,112 ordinary shares at $0.018 each to sophisticated investors. The shares are set to be quoted under the ASX with the code NME, following their issue date on May 20, 2024. This move aims to increase the company’s financial capacity and support its ongoing projects.
For further insights into AU:NME stock, check out TipRanks’ Stock Analysis page.