M Mining Services to invest $25m in Metarock Group.

M Mining Services, a mining services provider, agreed to invest $25m in Metarock Group, a provider of mine operations. “This recapitalisation is a key step in delivering the second stage of the turnaround of Metarock. It provides additional capital to the Company, increases liquidity and reduces our net debt position, and provides us with a strong financial base. The continuing core operations are performing well and this improved financial position will enable us to execute our go forward plan. We are also excited to have M Resources make a strategic investment in Metarock - they will bring deep sector insights throughout the value chain, with the potential for new opportunities through their extensive network of relationships," Paul Green, Metarock Managing Director.