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Magnetite Mines clears SPP cap and raises $1.32 million for Razorback
10:18am on Wednesday 28th of October, 2026 AEDT
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Mining
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Magnetite Mines clears SPP cap and raises $1.32 million for Razorback
10:18am on Wednesday 28th of October, 2026 AEDT
Key Points
$824,500 raised through fully subscribed SPP
$492,000 secured through top-up placement
109.7 million new shares issued at $0.012 each
One attaching option per share proposed, subject to approval
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Magnetite Mines (ASX:MGT)
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