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Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an announcement.
MTM Critical Metals Limited has issued over 51 million fully paid ordinary shares as part of a fundraising placement at $0.145 per share, raising capital to support its ongoing projects. This strategic move enhances MTM’s financial position and reflects its commitment to advancing its innovative metal recovery technologies and exploration ventures, particularly in Western Australia’s promising mineral regions and Québec’s promising Pomme Project.
More about Mt Monger Resources Ltd.
MTM Critical Metals Limited is an ASX-listed company based in Perth, Western Australia, focusing on metal recovery technology development and mineral exploration. It owns Flash Metals USA Inc., based in Texas, with exclusive rights to the Flash Joule Heating technology for advanced metal recovery and mineral processing. The company explores assets for niobium, rare earth elements, and gold in Western Australia and Québec.
YTD Price Performance: -5.77%
Average Trading Volume: 8,148,237
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$99.62M
For detailed information about MTM stock, go to TipRanks’ Stock Analysis page.