fbpx
Jun 25, 2021

Metro in equity raising to boost balance sheet

Metro in equity raising to boost balance sheet

Bauxite Hills mine operator Metro Mining is launching a $25.5 million equity raising after hitting a cash crunch. The company said today that the proceeds from the equity raising were intended to provide funding for working capital to strengthen Metro’s balance sheet, pending a final investment decision on a planned Stage 2 expansion at the…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
Log In Register
Menu