Metalsgrove Mining Ltd. (AU:MGA) has released an update.
MetalsGrove Mining Limited has launched a non-renounceable entitlement issue, offering eligible shareholders the opportunity to purchase one new share for every share owned at $0.04 each, aiming to raise approximately $2.1 million. The offer, which includes an option for each new share, remains open until 20 May 2024. The company, which is actively exploring lithium in Zimbabwe and various metals in Australia, has made the prospectus and application forms available online for shareholders.
For further insights into AU:MGA stock, check out TipRanks’ Stock Analysis page.
