middle.news

Can Magnetite Mines’ $2.65M Rights Issue Unlock Razorback’s Potential?

9:45am on Friday 8th of August, 2025 AEST Mining
Read Story

Can Magnetite Mines’ $2.65M Rights Issue Unlock Razorback’s Potential?

9:45am on Friday 8th of August, 2025 AEST
Key Points
  • Pro rata renounceable rights issue to raise up to $2.65 million
  • Offer includes one free attaching option per new share subscribed
  • Rights issue partially underwritten to $500,000 by Mahe Capital
  • Funds to support Razorback Project DFS, mining lease assessment, and strategic partner negotiations
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Magnetite Mines (ASX:MGT)
OPEN ARTICLE