A CAD $50 million raising that opens and closes within five days, fully subscribed and at no discount to the market price is highly positive for Marengo.
It's a strong demonstration of confidence.
Watch this move as briefings occur with North American institutions over the next week.
Then watch it move with the massive resource upgrade and DFS due December / January.
And Yandera is just a dot on MGO's land holding along the PNG copper / gold belt.
There's a lot more to come from Marengo folks.
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- watch this run in the next few weeks
watch this run in the next few weeks
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