middle.news
Magmatic Resources Raises A$3M, FMG Boosts Stake to 19.9% – What’s Next?
9:23am on Monday 20th of October, 2025 AEDT
•
Mining
Read Story
Magmatic Resources Raises A$3M, FMG Boosts Stake to 19.9% – What’s Next?
9:23am on Monday 20th of October, 2025 AEDT
Key Points
A$3 million placement at A$0.061 per share
FMG Resources increases shareholding from 18.32% to 19.9%
Funds to accelerate exploration at Weebo and East Lachlan projects
Placement shares issued under ASX Listing Rules 7.1 and 7.1A
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Magmatic Resources (ASX:MAG)
OPEN ARTICLE