Meeka Gold Limited (AU:MEK) has released an update.
Meeka Gold Limited has secured a $73 million financial package to fully fund its expanded Murchison Gold Project, with contributions including a $26 million gold loan and $12 million gold stream from Auramet, as well as a $35 million institutional placement. This package allows for the project’s development and operation, as well as repayment of existing debts and provision for corporate expenses and working capital. The funding, particularly Auramet’s $5 million equity investment, underscores strong market confidence in the project’s potential.
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