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Metro Glass Seeks $24M Boost as Amari Eyes Majority Stake
7:39am on Monday 11th of August, 2025 AEST
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Manufacturing
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Metro Glass Seeks $24M Boost as Amari Eyes Majority Stake
7:39am on Monday 11th of August, 2025 AEST
Key Points
1.6-for-1 rights offer at $0.03 per share to raise $8.9 million
Up to $15 million placement to Amari Metals Australia Pty Ltd
Amari to hold 51% post-raise, becoming majority owner
Proceeds aimed at debt reduction and securing new bank facility
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Metro Performance Glass (ASX:MPP)
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