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.