MYE: Capital Raising & Strategic Investment

METAROCK GROUP LIMITED

• Metarock Group Limited has entered into an agreement for a strategic investment by M Mining Services Pty Ltd.
• M Resources has agreed to invest $25.0 million to acquire at least a 51% interest in the Company via a placement.
• The funds raised from the Transaction will be used to improve cash flow, reduce net debt, and secure the Company's funding position.

2023-03-17 17:00:00