Mogotes Metals ups share issuance tied to subscription rights exercise to 39,186,369 shares at $0.49 each

Reuters2026/08/12 15:31

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Mogotes Metals raised the planned share issuance to CD Capital Fund IV and other pre-emptive rights holders to up to 39,186,369 shares.
Shares priced at CAD 0.49 each. Total proceeds to reach up to CAD 19.2 million.
Issuance tied to CD Capital’s exercise of subscription rights to lift its ownership to 19.9% on a partially diluted basis.
Closing remains subject to regulatory clearances, including TSX Venture Exchange sign-off.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mogotes Metals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608121029NEWSFILECNPR____20260812_309322_1) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mogotes Metals ups share issuance tied to subscription rights exercise to 39,186,369 shares at $0.49 each

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