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How Will AuMEGA’s $30M Raise Transform Newfoundland Gold Exploration?

8:20am on Wednesday 25th of February, 2026 AEDT Mining
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How Will AuMEGA’s $30M Raise Transform Newfoundland Gold Exploration?

8:20am on Wednesday 25th of February, 2026 AEDT
Key Points
  • Oversubscribed $30.1 million financing led by Condire Investors
  • Two-tranche placement with first tranche closing March 5, second tranche subject to shareholder vote
  • Funds earmarked for expanded drilling at Cape Ray and other Newfoundland targets
  • Includes Hard Dollar Units, Premium Flow-Through Units, and Flow-Through Shares with attached warrants
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