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Meeka Metals Raises $495,000 Through Option Conversion

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Meeka Metals Raises $495,000 Through Option Conversion

The latest announcement is out from Meeka Gold Limited ( (AU:MEK) ).

Meeka Metals Limited has issued 10,875,000 fully paid ordinary shares following the conversion of unlisted options with various exercise prices, raising a total of $495,000. This move indicates a strategic financial maneuver by the company, potentially bolstering its capital position and enhancing its market operations.

More about Meeka Gold Limited

YTD Price Performance: 60.47%

Average Trading Volume: 6,803

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €164.3M

For detailed information about MEK stock, go to TipRanks’ Stock Analysis page.

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