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Metgasco Ltd Announces Proposed Issue of 375 Million Securities

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The latest announcement is out from Metgasco Ltd ( (AU:MEL) ).

Metgasco Ltd has announced a proposed issue of up to 375,000,000 fully paid ordinary securities as part of a non-renounceable pro rata offer. This move is aimed at raising capital to support the company’s ongoing projects and operations, potentially enhancing its market position and providing value to its stakeholders.

More about Metgasco Ltd

Metgasco Ltd operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is involved in the development of energy projects and aims to supply energy solutions to meet market demands.

Current Market Cap: A$4.37M

See more data about MEL stock on TipRanks’ Stock Analysis page.

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