AuMEGA Metals, trading under the symbol OTCQB:AUMMF, successfully raised approximately CAD 16.3 million through an expanded private placement financing. This fundraising effort involved the issuance of approximately 62.5 million shares to institutional, professional, and accredited investors, with each share priced at an average of CAD 0.062 or AUD 0.067. The financing received solid backing from the company’s existing shareholders.