Director’s Interest Change at Magnum Mining & Exploration

An update from Magnum Mining and Exploration Limited ( (AU:MGU) ) is now available.

Magnum Mining & Exploration Limited has announced a change in the director’s interest, with Athan Lekkas acquiring 33,333,333 ordinary shares indirectly through Berlurly Mining Pty Ltd. This acquisition, valued at $0.006 per share, was made as compensation for services rendered, potentially impacting the company’s governance and stakeholder interests.

More about Magnum Mining and Exploration Limited

Magnum Mining & Exploration Limited operates in the mining and exploration industry, focusing on the development and extraction of mineral resources. The company is involved in identifying and developing mining projects, with a market focus on expanding its resource base and enhancing shareholder value.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.61M

For an in-depth examination of MGU stock, go to TipRanks’ Stock Analysis page.