AuMEGA Metals Raises US$21.58 Million (C$30.1 Million) to Advance Gold Projects

Dual-listed mineral exploration and development company AuMEGA Metals Ltd. has completed a US$21.58 Million (C$30.1 Million) brokered private placement, comprising hard dollar units, premium flow-through units and flow-through shares. The financing was completed in two tranches, with the final tranche closing on April 14, 2026, following the initial closing in March. The offering was led by Clarus Securities Inc. as co-lead agent and sole bookrunner, Canaccord Genuity Corp. as co-lead agent, and BMO Nesbitt Burns Inc. as agent. Proceeds will support the advancement of AuMEGA's Cape Ray and Bunker Hill gold projects, while empowering its financial capacity for exploration and development activities. The substantial capital raise underscores continued market interest in gold exploration and AuMEGA's strategy of advancing its mineral assets across Canada and Australia.

Advisory Team

Miller Thomson LLP Andrew Powers

Florind Polo

Ian Polisuk