AuMEGA Metals (formerly Matador Mining Limited)

AuMEGA Metals (formerly Matador Mining Limited)'s Rick Greenwood, Vice President of Exploration, and Giles Dodds, Exploration Manager, will be attending the 2024 Precious Metals Summit Conferences, LLC Zurich, a premier Swiss-based independent investment conference focused on explorers, developers and emerging producers of #gold, #silver and platinum group metals on 11-12 November 2024. Rick will also be presenting to institutional investors, sell-side representatives, and corporate executives on Tuesday 12 November at 9:30am in Room 2. Rick's presentation will be available to view live via the webcast: https://loom.ly/g1ObAbo #PreciousMetalsSummit #Investing #InvestmentConference #AAM #AuMEGA

via Proactive AuMEGA Metals secures funds in first tranche of ~A$16.11 million financing to drive #exploration in Newfoundland AuMEGA Metals (formerly Matador Mining Limited) has finalised the first tranche of its financing round, raising C$8.77 million (~A9.56 million) by issuing 131,152,889 ordinary shares to institutional, professional and accredited investors. READ more➡️ https://loom.ly/HA5fAQ4 #ASX #TSXV

#ASXNews AuMEGA Metals Closes the First Tranche of Private Placement Financing AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce the closing of the first tranche of the previously announced financing. Under the Tranche One Placement, the Company issued an aggregate of 131,152,889 Ordinary shares (“New Shares”) to institutional, professional and accredited investors consisting of : (i) 9,259,259 New Shares at a price of C$0.050/A$0.054 per share; and (ii) 121,893,630 New Shares which constitute “flow-through shares” at a price of C$0.06825/A$0.07408 per share, for aggregate gross proceeds of C$8.77 million (“Tranche One Placement”). Of the New Shares issued under the Tranche One Placement, 78,808,211 were issued under the Company’s available placement capacity (LR 7.1), and 52,344,678 were issued under the Company’s available placement capacity (LR 7.1a). Of the New Shares issued under the Tranche One Placement, 76,200,000 were placed on the TSX Venture Exchange and 54,952,889 were placed on ASX. The proceeds from the Financing will be used primarily to advance #AAM's #exploration program in Newfoundland and Labrador, which is expected to include the Company’s largest drill program in the last three years of up to 20,000 metres with an aim to grow the existing Mineral Resource and discovery at the highly prospective Bunker Hill Project. Additionally, the Company will continue to invest in early-stage exploration activities to further define and advance new and existing targets at Hermitage and Malachite. View the announcement: https://loom.ly/aHsy0JE #AuMEGAMetals #MiningNews #ASX #TSXV

#ASXNews On 22 October 2024, AuMEGA Metals (formerly Matador Mining Limited) announced a capital raising to institutional, professional and sophisticated investors by way of a share placement. #AAM has now released its Prospectus for an offer of 121,893,630 Shares at an issue price of C$0.06825 (A$0.07408) per Share to raise C$8,319,240 (A$9,029,880) for the flow through share component of the raise. *The Prospectus document is important and should be read in its entirety.* VIEW the Prospectus https://loom.ly/WmCLQ3Q #Prospectus #EquityRaising #TSXV #AuMEGAMetals

#ASXNews AuMEGA Metals (formerly Matador Mining Limited) is pleased provide its Quarterly Activities Report for the quarter ended 30 September 2024. Exploration • Limited prospecting at Bunker Hill revealed outcropping samples with high-grade #copper and #silver along with the presence of #gold. • Subsequent to the quarter end, the Company reports preliminary data from the Bunker Hill airborne magnetics, which exhibited significant geological complexity. • Completed approximately 3,000 metres of diamond #drilling in both phase including 1,900 metres of diamond drilling at Central Zone, which delivered gold intersections down-plunge from two existing deposits. The Company is awaiting assays from drilling at Malachite. • Completed a comprehensive technical workshop that identified 37 new targets identified on the district-scale land package along both the CRSZ and Hermitage Flexure. • Phase two diamond drilling at Malachite was completed before the quarter end and final assay results are expected in November. • Completed limited prospecting and mapping commenced at the Hermitage Gold and Antimony Project. Corporate • After quarter end on the 22 October 2024, the Company announced that it had successfully raised approximately C$16.1 million (before costs) through an upsized financing to institutional, professional and accredited investors of approximately 259.3 million shares at an average price of C$0.062 / A$0.067 per share. • Highly experienced and well-respected exploration geologist, Rick Greenwood appointed as Vice President of Exploration. • Grant Thornton appointed auditor of the Company, following resignation of Ernst & Young. View the Report: https://loom.ly/nNLqFNI #AuMEGAMetals #AAM #ASX #AUM #TSXV #Mining

via Proactive AuMEGA Metals inaugural Intersection reconnaissance till program provides priority targets AuMEGA Metals (formerly Matador Mining Limited) has received encouraging results from a reconnaissance till geochemical program at the Intersection Project adjacent to its highly prospective Bunker Hill Project along the Cape Ray Shear Zone (CRSZ) in Newfoundland and Labrador, Canada. Read more ➡️ https://loom.ly/gsxbK2k #AuMEGAMetals #ASX #TSX #gold #silver #copper

#ASXNews AuMEGA Metals (formerly Matador Mining Limited) is pleased to report results from its comprehensive reconnaissance till geochemical program conducted in the Canadian summer of 2024 over the Company’s Intersection Project, located along the Cape Ray Shear Zone in Newfoundland and Labrador, Canada. Intersection is adjacent to the east of the Company’s highly prospective Bunker Hill Project. • Inaugural reconnaissance till program over Intersection Project has yielded several priority follow-up targets. • A total of 914 samples were collected over a survey area of 15 kilometres x 7 kilometres, representing the largest surficial geochemistry program completed by the Company since 2021. • Till results have identified four large areas with significant #gold anomalism for future targeting, including the largest area of anomalism within the Windsor Point Group Sediments, the host rocks of the Company’s Central Zone deposits. • Results include several clusters of till anomalies with peak value of 173 ppb #gold and peak #silver value of 5.82 g/t with coincident bismuth and copper anomalism in the 99th percentile of the survey area. • Gold correlates with silver-copper-bismuth, which is akin to the Company’s Bunker Hill Project adjacent to the west. #AAM Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “We are highly encouraged by the results from the Intersection till program, which has identified four large areas of interest for future follow-up work. The program completed there this summer was the Company’s first ever work on the property, which we have long believed to be highly prospective, given that the two largest known gold structures on the island converge there. Intersection is also adjacent to Bunker Hill, where the Cape Ray – Valentine Lake shear bends again and heads toward the Valentine Project and splays off through the Hermitage Flexure, which is the host structure of our Hermitage Project and similar domain as Newfound Gold’s properties. “The Intersection till values represent some of the highest soil samples collected anywhere along our district-scale property. The Intersection structural setting appears akin to the Valentine Project and, interestingly, our till values are either similar to or exceed much of the values collected historically at Valentine. We will continue to analyse our results, overlayed with historic geophysics to further define our targets and establish future work programs.” VIEW the Announcement https://loom.ly/o-hx_PI #AUMEGA #GoldNews #MiningNews #ASX

AuMEGA Metals (formerly Matador Mining Limited) successfully raised ~C$16.3 million (before costs) through an upsized financing to institutional, professional and accredited investors of ~262.5 million shares at an average price of C$0.062 / A$0.067 per share. The Financing was well supported by the Company’s existing shareholders including B2Gold Corp who increased their overall ownership to 9.9% of total shares outstanding. The Financing included the addition of several new major, institutional investors from Canada, United States, Europe, Asia and Australia. The proceeds from the Financing will be used primarily to advance the #AAM’s #exploration program in Newfoundland and Labrador, which is expected to include the Company’s largest drill program in the last three years of up to 20,000 metres with an aim to grow the existing Mineral Resource and discovery at the highly prospective Bunker Hill Project. Additionally, the Company will continue to invest in early-stage exploration activities to further define and advance new and existing targets at Hermitage and Malachite. Learn more: https://loom.ly/TqFGTBw #AAM #ASX #TSXV #gold #copper

via Proactive AuMEGA Metals (formerly Matador Mining Limited) RAISES C$16.3 MILLION IN UPSIZED PRIVATE PLACEMENT TO BOOST CANADIAN EXPLORATION READ the article ➡️ https://loom.ly/vxj7R5I #AAM #ASX #TSXV #Gold #mining

#ASXNews AuMEGA Metals Announces Upsized Private Placement Financing of C$16.3 million AuMEGA Metals (formerly Matador Mining Limited) is pleased to announce that is has successfully raised approximately C$16.3 million (before costs) through an upsized financing to institutional, professional and accredited investors of approximately 262.5 million shares at an average price of C$0.062 / A$0.067 per share (“New Share”). • Received commitments of approximately C$16.3 million through a private placement financing utilising flow-through share provisions available under Canadian tax law and traditional hard dollar placement to institutions and accredited investors. • Received very strong demand from new, global institutional investors and existing shareholders including B2Gold Corp who increased their ownership. • Financing structured in two tranches to accommodate heavy demand above placement capacity with second tranche subject to shareholder approval. • Proceeds from the financing to advance the Company’s exploration programs in Newfoundland and Labrador, Canada and proceeds from the hard dollar placement are to be used for working capital purposes. #AAM’s Managing Director and CEO, Sam Pazuki, P.Eng, M.Fin commented: “We have received overwhelming support from our existing shareholders and major, institutional and global shareholders who we welcome as new owners of the business. This support validates the AuMEGA value proposition that includes the sheer scale of our land package on a highly prospective yet vastly underexplored #gold structure that already hosts the Company’s Mineral Resources and Calibre’s multi-million-ounce Mineral Resources. It supports our systematic approach to #exploration which we believe is the right way to explore a structure that is mostly under glacial overburden and has limited historic work. It is a vote of confidence in our incredible team who are tasked with finding the next major mineral deposit in Newfoundland and Labrador, Canada.” See the full announcement: https://loom.ly/TqFGTBw #AuMEGAMetals #MiningNews #ASX #TSXV