AuMEGA Metals Pauses Trading for $10 Million Funding

Matador Mining Ltd (AU:AAM) has released an update.

AuMEGA Metals Ltd has announced a temporary trading halt on the ASX as it initiates a private placement to raise up to $10 million. This fundraising effort aims to support extensive exploration programs in Newfoundland and Labrador, including their largest drill program in three years. The placement will involve flow-through shares, premium flow-through shares, and hard-dollar shares, with GBA Capital leading the effort in Australia.

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