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Magnetite Mines Extends Convertible Notes Maturity by 12 Months
11:11am on Wednesday 12th of August, 2026 AEST
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Mining
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Magnetite Mines Extends Convertible Notes Maturity by 12 Months
11:11am on Wednesday 12th of August, 2026 AEST
Key Points
Convertible notes worth $2.714 million extended by 12 months
16.7 million unquoted options to be issued subject to shareholder approval
Extension aimed at supporting Razorback project development and working capital
Company highlights reduced corporate overheads and strategic funding progress
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Magnetite Mines (ASX:MGT)
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