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Magnum Mining Unveils $7M Placement with 630M Options Expiring 2029
9:46am on Wednesday 14th of January, 2026 AEDT
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Mining
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Magnum Mining Unveils $7M Placement with 630M Options Expiring 2029
9:46am on Wednesday 14th of January, 2026 AEDT
Key Points
Placement to raise $7 million through 875 million shares at $0.008 each
Issue of 630.25 million new options exercisable at $0.015, expiring in 2029
Options allocated to placement participants, joint managers, brokers, and directors
Offer subject to shareholder approval and ASX quotation
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Magnum Mining and Exploration (ASX:MGU)
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