Megado Gold prepares for ASX listing and commencement of exploration activity in Ethiopia (w/ Michael Gumbley)
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Megado Gold managing director Michael Gumbley speaks with Small Caps to discuss the company's IPO and planned activities post listing. The Ethiopia-focused explorer has closed a $6 million initial public offering launched in September following strong support from the global investment community. Megado has engaged experienced local geologists and drilling contractors with a view to launch a maiden drilling program in land-locked Ethiopia before year end. Megado plans to list on the ASX next week with an exact date to be decided. The company will trade under stock ticker 'MEG'.