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MRG Metals Raises $725K and Launches $750K SPP to Develop Garies REE Project

9:14am on Tuesday 18th of August, 2026 AEST Mining
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MRG Metals Raises $725K and Launches $750K SPP to Develop Garies REE Project

9:14am on Tuesday 18th of August, 2026 AEST
Key Points
  • Placement raised $725K at $0.002 per share
  • Share Purchase Plan capped at $750K with potential oversubscription
  • Funds to progress Garies mining licence and expand DrillTarg resource
  • Ongoing exploration at Adriano and Fotinho REE projects in Mozambique
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