Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)
Lithium
45.32
0.04%
Gold
2,667.50
0.53%
Copper
4.11
(1.13%)
Oil
69.84
1.16%
Bitcoin
97,180.31
3%
FTSE 100
8,149.27
0.79%
Nikkei 225
38,026.17
(0.85%)
Dow Jones
43,793.35
0.58%
Iron Ore
102.15
1.11%
USD/AUD
0.65
(0.08%)
Hang Seng
19,601.11
(0.23%)

Megado Minerals (ASX: $MEG) launches $1.527 million entitlement offer

Megado Minerals announces capital raising initiative


Megado Minerals (ASX:MEG) has announced a non-renounceable entitlement offer to raise approximately $1.527 million. Eligible shareholders can purchase 1 new share for every 2 held at $0.012 each. The funds will support exploration projects, including the Iberian Copper Project, and provide general working capital.

Megado Minerals' strategic plan and future outlook


Megado Minerals aims to raise $1.527 million through a non-renounceable entitlement offer to fund exploration activities, notably at the Iberian Copper Project, and other projects in Canada. The company plans to acquire an 80% interest in Iberian Copper Pty Ltd, pending shareholder approval. The offer includes a Shortfall Offer to allocate any unsubscribed shares. The initiative is expected to increase share capital by 33.33%, potentially diluting holdings for non-participating shareholders. MEG's strategy focuses on exploration and acquisition to drive growth, underpinned by compliance with regulatory requirements.

Executive insights on Megado's capital strategy


The Entitlement Offer will allow us to accelerate exploration activities at the Iberian Copper Project, advance our Canadian lithium and gold projects, and cover associated costs. We are committed to delivering value to our shareholders through strategic investments and acquisitions.

MEGADO MINERALS LTD
MEG | ASX | Materials
0.0120(+0%)
At close (AEDT)
Market cap
$
Volume
0
DY Yield
PE Ratio
52 Week Range
-
1YR Return
N / A

0 Comments
Inline Feedbacks
View all comments
Social Media Auto Publish Powered By : XYZScripts.com

Stock Piper AI Index Coming Soon!

Join our Newsletter to gain exclusive insight and be notified once we are live.

By clicking Subscribe, you agree to our Terms & Conditions

ASX News, First And Fast.

Get all the latest market updates straight to your inbox.

By clicking Subscribe, you agree to our Terms & Conditions