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Megado Minerals Raises A$1.65M to Advance Iberian Copper and Alpartir Silver-Copper Projects

11:52am on Friday 10th of April, 2026 AEST Mining
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Megado Minerals Raises A$1.65M to Advance Iberian Copper and Alpartir Silver-Copper Projects

11:52am on Friday 10th of April, 2026 AEST
Key Points
  • A$1.5 million raised via placement at A$0.02 per share with attaching options
  • Directors committed an additional A$150,000, pending shareholder approval
  • Funds allocated to drilling at Iberian Copper Project and reconnaissance at Alpartir Silver-Copper Project
  • Placement options exercisable at A$0.04, subject to approval at upcoming EGM
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