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Magnum Mining Appoints New Director with Significant Shareholding

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Magnum Mining Appoints New Director with Significant Shareholding

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

Magnum Mining and Exploration Limited has announced the appointment of Les Pereira as a director, effective from September 4, 2025. The announcement includes details of Pereira’s relevant interests in securities, specifically noting his indirect interest through Carmine Lion Group Pty Ltd, which holds 31,050,000 ordinary shares. This appointment may influence the company’s strategic direction and stakeholder interests, given Pereira’s significant shareholding.

More about Magnum Mining and Exploration Limited

Average Trading Volume: 29,230,966

Technical Sentiment Signal: Sell

Current Market Cap: A$27.82M

For a thorough assessment of MGU stock, go to TipRanks’ Stock Analysis page.

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