middle.news
Magnetite Mines Raises $3.87M to Propel Razorback Iron Ore Project Forward
9:06am on Friday 5th of September, 2025 AEST
•
Mining
Read Story
Magnetite Mines Raises $3.87M to Propel Razorback Iron Ore Project Forward
9:06am on Friday 5th of September, 2025 AEST
Key Points
Fully subscribed rights issue raises $2.65 million
Follow-on placement adds $1.214 million amid excess demand
Total capital raised approximately $3.87 million before costs
Funds to support DFS funding, technical optimisation, and exploration
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Magnetite Mines (ASX:MGT)
OPEN ARTICLE