AuMEGA Metals Ltd
AuMEGA Metals (renamed from Matador Mining, June 2024) is advancing the Cape Ray Gold Project in Newfoundland, which carries a 610,000 ounce gold resource across four deposits. ASX:AAM is the company's primary/home listing, with TSXV:AUM and OTCQB:AUMMF as secondary listings of the same company -- seeded once under AAM, not as separate rows. Cash is left unstated: only a stale pre-financing figure was found, and the real ~CAD $30.1 million raise that closed 15 Apr 2026 is not reflected in any confidently dated post-raise balance. Debt-free.
Lifecycle Milestones
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Your Rankings
Management Team
Chief Executive Officer and Managing Director of AuMEGA Metals Ltd. Toronto-based executive with 20+ years in senior mining leadership; spent nearly a decade at OceanaGold Corporation leading Investor Relations and Corporate Development; former management consultant at Ernst & Young advising major mining companies; Bachelor of Engineering and Master of Finance.
Executive Director and Company Secretary of AuMEGA Metals Ltd. 25+ years mining-industry experience specializing in Company Secretary and Corporate Governance roles; member of the Governance Institute of Australia and the Institute of Chartered Secretaries and Administrators; also Company Secretary for Alvo Minerals and Hot Chili Limited.
Chief Financial Officer of AuMEGA Metals Ltd. Chartered Accountant with 16+ years' experience, including 10 years in audit at Grant Thornton and a role as Finance Director at Automic Group; expertise in strategy, compliance, governance, and risk management.
Non-Executive Director of AuMEGA Metals Ltd -- missing from this DB entirely before this batch. Former CEO and director of Rupert Resources Ltd (Apr 2017-Oct 2024), whose team discovered the multi-million-ounce Ikkari gold deposit in Lapland, Finland.
Non-Executive Director of AuMEGA Metals Ltd -- missing from this DB entirely before this batch. Former CEO and Managing Director of Beadell Resources Ltd (ASX:BDR), acquired by Great Panther Mining Limited, completed March 2019.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Condire Investors, the same specialist resource-focused fund that backs Rockhaven Resources elsewhere in this database, is leading a large financing here too and will hold close to 20% of AuMEGA once it closes -- a real, sizeable, repeat conviction position from a genuine specialist. The rest of that same financing's institutional book is real but generalist: Nokomis Capital LLC (9.2%, a Dallas-based multi-sector value fund), Franklin Resources (8.2%) and Schroders plc (5.2%) all hold disclosed stakes without a particular resource-sector mandate.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Cape Ray Shear Zone (Newfoundland) 2023 Mineral Resource Estimate: Indicated 6.2 Mt at 2.25 g/t Au for 450,000 oz, plus Inferred 3.4 Mt at 1.44 g/t Au for 160,000 oz (NOT included here, per this repo's M+I-only convention). Estimate uses a conservative US$1,750/oz gold price. No Measured category exists yet.