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Magmatic Resources Ltd. Reports AGM Voting Outcomes

Magmatic Resources Ltd. Reports AGM Voting Outcomes

Magmatic Resources Ltd. (AU:MAG) has released an update.

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Magmatic Resources Ltd. announced the results of their 2024 Annual General Meeting, where key resolutions were voted on, including the adoption of a remuneration report, which did not pass, and the appointment of an auditor, which was overwhelmingly approved. Additionally, the election of directors and approval for a 10% placement capacity were successfully passed. Some resolutions concerning the issuance of options were withdrawn from the meeting.

For further insights into AU:MAG stock, check out TipRanks’ Stock Analysis page.

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