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Magnetite Mines funds a new push for Razorback green iron

8:30am on Monday 28th of September, 2026 AEST • Mining
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Magnetite Mines funds a new push for Razorback green iron

8:30am on Monday 28th of September, 2026 AEST
Key Points
  • Up to A$1.03 million SPP, with a potential A$500,000 top-up placement
  • Issue price set at the lower of A$0.015 or a 10% five-day VWAP discount
  • One free option per new share, subject to shareholder approval
  • Funds directed to Razorback studies, partnering initiatives and working capital
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