$4.34 million Capital Raising to fund 2018 exploration The Company completed a capital raising totalling $4.34 million including $3.10 million raised from institutional and professional investors through the issuance of 50 million fully paid ordinary shares at a price of $0.062 and an oversubscribed Share Purchase plan offered to existing shareholders raising $1.24 million before costs.
MEI Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held