Metals Acquisition Limited Announces $20M Private Placement Equity Financing Of 1,827,096 Shares At $11/Share
Portfolio Pulse from Benzinga Newsdesk
Metals Acquisition Limited has announced a $20M private placement equity financing of 1,827,096 shares at $11 per share.
October 17, 2023 | 1:06 pm
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Metals Acquisition Limited has raised $20M through private placement of 1,827,096 shares at $11 per share.
The private placement will increase the company's cash reserves, which could be used for future investments or to strengthen the company's balance sheet. This could potentially lead to a positive impact on the company's stock price in the short term.
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