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MRG Metals Raises $800K to Expand High-Grade Garies Rare Earth Project

11:02am on Monday 10th of August, 2026 AEST Mining
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MRG Metals Raises $800K to Expand High-Grade Garies Rare Earth Project

11:02am on Monday 10th of August, 2026 AEST
Key Points
  • Placement raises $705K at $0.002 per share
  • Board commits $140K subject to shareholder approval
  • Funds target mining licence, resource drilling, and pilot plant development
  • High-grade DrillTarg deposit shows 4.49% TREO over 6.6m
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