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Magnum Mining and Exploration Limited ( (AU:MGU) ) has shared an update.
Magnum Mining and Exploration Limited announced a proposed issue of 486,089,947 ordinary fully paid securities, scheduled for issuance on October 17, 2025. This move is likely aimed at raising capital to support the company’s operations and could impact its market positioning by potentially increasing its financial resources.
More about Magnum Mining and Exploration Limited
Magnum Mining and Exploration Limited operates in the mining industry, focusing on the exploration and development of mineral resources.
Average Trading Volume: 18,414,759
Technical Sentiment Signal: Sell
Current Market Cap: A$23.18M
See more data about MGU stock on TipRanks’ Stock Analysis page.