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Magnum Mining Secures $2.39M Boost Through Entitlement and Placement

5:01pm on Wednesday 2nd of July, 2025 AEST Mining
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Magnum Mining Secures $2.39M Boost Through Entitlement and Placement

5:01pm on Wednesday 2nd of July, 2025 AEST
Key Points
  • Completed Non-Renounceable Entitlement Offer raising $2.24 million
  • Shortfall placement allocated 876 million shares at $0.002 each
  • Additional placement raised $149,471 to strengthen cash reserves
  • Total funds raised amount to approximately $2.39 million before costs
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