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Mt Malcolm Mines Launches $2.3M Rights Issue to Accelerate Gold Project
9:42am on Monday 27th of October, 2025 AEDT
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Mining
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Mt Malcolm Mines Launches $2.3M Rights Issue to Accelerate Gold Project
9:42am on Monday 27th of October, 2025 AEDT
Key Points
One-for-two renounceable rights issue to raise up to $2.3 million
Shares priced at 1.5 cents with free attaching options exercisable at 3 cents
Funds targeted for exploration, mining studies, and balance sheet strengthening
Rights partially underwritten to $1 million by Mahe Capital Pty Ltd
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Mt Malcolm Mines (ASX:M2M)
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