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How Will Macro Metals Deploy A$2M to Boost Iron Ore Exploration and Mining Services?

9:20am on Tuesday 5th of August, 2025 AEST Mining
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How Will Macro Metals Deploy A$2M to Boost Iron Ore Exploration and Mining Services?

9:20am on Tuesday 5th of August, 2025 AEST
Key Points
  • A$2 million raised via placement of approximately 285.7 million new shares at $0.007 each
  • Placement price represents a 16.67% premium to last closing price before trading halt
  • Non-Executive Chair Tolga Kumova to invest $311,020, pending shareholder approval
  • Funds earmarked for exploration at Turner and Extension Iron Ore Projects and mining services expansion
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