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MRG Metals Raises $500K to Advance Mozambique Rare Earth and Uranium Projects

12:56am on Saturday 30th of August, 2025 AEST Mining
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MRG Metals Raises $500K to Advance Mozambique Rare Earth and Uranium Projects

12:56am on Saturday 30th of August, 2025 AEST
Key Points
  • Raised $500,646 via pro-rata non-renounceable entitlement offer
  • Issued 500 million new options exercisable at $0.004, expiring August 2027
  • Directors fully subscribed and intend to acquire more options pending shareholder approval
  • Shortfall of $317,309 reserved for placement within three months
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