middle.news

Magnum Mining Raises $1.9M in Entitlement Offer Amid Board Restructuring

8:19am on Wednesday 5th of February, 2025 AEDT Mining
Read Story

Magnum Mining Raises $1.9M in Entitlement Offer Amid Board Restructuring

8:19am on Wednesday 5th of February, 2025 AEDT
Key Points
  • Entitlement offer to raise up to $1.94 million via shares and options
  • Offer includes two shares for every five held plus one free option per share
  • Funds targeted for exploration and development of Buena Vista and Palmares projects
  • Managing director Neil Goodman transitions to non-executive role with remuneration restructuring
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Magnum Mining and Exploration (ASX:MGU)
OPEN ARTICLE