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AuMEGA Metals Proposes C$23.7M Dual-Tranche Capital Raise for Canadian Exploration

8:28am on Wednesday 8th of April, 2026 AEST Mining
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AuMEGA Metals Proposes C$23.7M Dual-Tranche Capital Raise for Canadian Exploration

8:28am on Wednesday 8th of April, 2026 AEST
Key Points
  • Dual-tranche offer: 135 million flow-through units and 409 million hard dollar units
  • Total raise of about C$23.7 million before costs, conditional on shareholder approval
  • Funds targeted for expanded drilling at Cape Ray, Cape Ray West, Bunker Hill, and other projects
  • Warrants issued with exercise price of C$0.055 expiring in September 2028
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