Meeka Metals Limited’s Post

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via MiningNews.net Meeka Metals Limited says a new A$73 million funding package completes the financing needed to become a #gold producer in Western Australia by mid-2025. The funding comprises a $26 million gold loan and $12 million gold stream with Auramet International, as well as a $35 million institutional equity placement pricing new shares at 5c each. The $26 million is to be repaid by 9000 ounces of gold, with the repayment ounces to be adjusted based on the average forward price per ounce of gold over the gold delivery period — September 30, 2025 to August 31, 2026. Read more: https://loom.ly/72i5Q8E #MeekaMetals #MEK #ASX

Meeka unveils mine financing comprising gold loan, streaming and equity

Meeka unveils mine financing comprising gold loan, streaming and equity

miningnews.net

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