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How Will Metro’s $15M-$24M Recapitalisation with Amari Majority Stake Reshape Its Future?
7:48am on Monday 11th of August, 2025 AEST
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How Will Metro’s $15M-$24M Recapitalisation with Amari Majority Stake Reshape Its Future?
7:48am on Monday 11th of August, 2025 AEST
Key Points
Equity raise of $15M-$24M via rights issue and placement
Amari Metals Australia to acquire 51% stake as majority shareholder
Existing bank syndicate agrees to $10M debt forgiveness contingent on raise
New three-year debt facility secured with supportive covenants
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