middle.news
Magnum Mining Launches $2.24M Entitlement Offer to Fuel Exploration Ambitions
5:02pm on Tuesday 3rd of June, 2025 AEST
•
Mining
Read Story
Magnum Mining Launches $2.24M Entitlement Offer to Fuel Exploration Ambitions
5:02pm on Tuesday 3rd of June, 2025 AEST
Key Points
Pro-rata non-renounceable entitlement offer at $0.002 per share
Target raise of up to $2.24 million to fund exploration and working capital
Offer open only to Australian and New Zealand shareholders, excluding overseas holders like Beko Invest Ltd
Potential dilution of approximately 50% for shareholders who do not participate
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Magnum Mining and Exploration (ASX:MGU)
OPEN ARTICLE