MetalsTech Ltd (AU:MTC) has released an update.
MetalsTech Ltd is launching a Security Purchase Plan (SPP) to raise AUD$1,000,000, offering shares at a discounted rate to support the development of the Sturec Gold Mine in Slovakia. The SPP allows existing shareholders to buy new shares without brokerage costs, with the aim of furthering strategic processes and boosting the mine’s potential. The initiative comes as the gold price remains robust and the company’s mining permit extension reduces operational risks.
For further insights into AU:MTC stock, check out TipRanks’ Stock Analysis page.
