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Macarthur Minerals Amends Prospectus to Secure Shareholder Approval

Story Highlights
  • Macarthur Minerals issues a Supplementary Prospectus to amend its previous document.
  • Shareholder approval is needed if the Remaining Shortfall exceeds 19.99% of share capital.
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Macarthur Minerals Amends Prospectus to Secure Shareholder Approval

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Macarthur Minerals Ltd. ( (AU:MIO) ) just unveiled an announcement.

Macarthur Minerals Ltd. has issued a Supplementary Prospectus to amend its Replacement Prospectus dated June 13, 2025. The changes involve variations to the Underwriting Agreement with GVY, requiring shareholder approval if the Remaining Shortfall exceeds 19.99% of the company’s issued share capital. This move aims to ensure compliance with regulatory requirements and maintain shareholder interests without exceeding ownership thresholds.

More about Macarthur Minerals Ltd.

Macarthur Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with iron ore and lithium projects, targeting markets that demand these essential raw materials.

Average Trading Volume: 196,630

Current Market Cap: A$2.23M

For detailed information about MIO stock, go to TipRanks’ Stock Analysis page.

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