Mogotes Metals issues 39,186,369 shares at $0.49 in $19.2 million rights exercise
Reuters2026/08/13 21:16- Mogotes Metals closed CD Capital Fund IV’s exercise of subscription rights to raise its stake to 19.9%.
- Issued 39,186,369 common shares at $0.49 each, generating gross proceeds of $19.2 million.
- Insiders bought 36,689,414 shares in the offering, triggering related-party transaction treatment under TSXV rules.
- Proceeds earmarked for general corporate purposes, including working capital.
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