Megado Minerals Advances with Major Iberian Copper Acquisition and Rare Earths Deal

• Agreement to acquire 80% interest in Iberian Copper Project covering 956km² in Spain
• Rock samples from historic mines show high-grade copper (up to 9.66% Cu) and silver
• Exploration agreement with Iluka subsidiary for North Fork Rare Earth Project in Idaho, USA
• Completed rights issue and share placement raising approximately A$1.53 million