https://newsletter.mw.creamermedia.com
Exploration|Mining|PROJECT
Exploration|Mining|PROJECT
exploration|mining|project

AuMEGA plans $10m private placement

18th October 2024

By: Creamer Media Reporter

     

Font size: - +

Canada-focused AuMEGA Metals (formerly Matador Mining) said on Friday that it was in the process of arranging a private placement of $10-million.

The ASX- and TSX-listed company will use the proceeds of the raising to advance its exploration programme in Newfoundland and Labrador, which will include the firm’s biggest drill programme in the last three years of up to 20 000 m at the Bunker Hill project and Cape Ray.

Further, AuMEGA will invest in early-stage exploration activities at Hermitage and Malachite.

AuMEGA remains in a trading halt while it completes the nonbrokered private placement. A further release will be announced on Tuesday.

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Resources Watch
Resources Watch
Updated 6 hours ago

Showroom

Actom
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Martin Creamer and Francisco Baudrand
Enaex Africa transforms beyond compliance
14th April 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.139 0.219s - 126pq - 2rq
Subscribe Now