Share Purchase Plan Despatched Today
Open PDF
| Stock | MRG Metals Ltd (MRQ.ASX) |
|---|---|
| Release Time | 20 Aug 2026, 9:11 a.m. |
| Price Sensitive | Yes |
This feature provides summaries of price-sensitive announcements for companies followed by users on InvestorPA.
The summaries are generated by large language models so please interpret with care.
MRG Metals Announces Share Purchase Plan
Key Points
- Share Purchase Plan to raise up to $750,000
- Eligible shareholders can apply for new shares at $0.002 each
- Funds will be used for exploration and development of Garies Rare Earth Project
Full Summary
MRG Metals Limited has announced the commencement of a Share Purchase Plan (SPP) to raise up to $750,000. Eligible shareholders can apply for new shares at an issue price of $0.002 each. The SPP aims to fund the completion of the Garies Critical Minerals Project Mining Licence Application, diamond drilling for a maiden JORC Mineral Resource Estimate, geophysical surveys, and stream sediment programs. The Company is also seeking interest from potential strategic partners for further development of the Garies Rare Earth Project.
Sign in to get more information about the company, including guidance changes and other insights.
Sign In