Metro Mining’s Strategic Share Issuance Boosts Financial Activity

Metro Mining Limited (AU:MMI) has released an update.

Metro Mining Limited has issued over 13 million new ordinary shares to Lambhill Pty Ltd and Balanced Property Pty Ltd under a Warrant Subscription Agreement. This share issuance, valued at approximately A$329,219, reflects the conversion of Tranche 2 Subscription Warrants with each warrant priced at $0.02502. This move underscores Metro’s ongoing financial activities as it continues its operations in the bauxite mining sector.

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