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Latrobe Magnesium begins fixing a 37.7 million-option placement breach

4:39pm on Wednesday 21st of October, 2026 AEDT • Mining and Metals
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Latrobe Magnesium begins fixing a 37.7 million-option placement breach

4:39pm on Wednesday 21st of October, 2026 AEDT
Key Points
  • 37.7 million unissued broker-underwriter options affected
  • Breach arose when securities linked to the A$8.5 million raising were agreed on 22 September
  • Issued shares and options are unaffected
  • CEO remuneration changes form part of the proposed remediation
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