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Magnum Mining Corrects Performance Shares Disclosure Errors

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Magnum Mining Corrects Performance Shares Disclosure Errors

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

Magnum Mining and Exploration Limited has identified disclosure errors related to 7,500,000 Performance Shares held by Director Neil Goodman. These errors involved the failure to lodge necessary notifications and omissions in director interest changes. The company has committed to reviewing its security disclosure procedures to prevent future occurrences and has corrected the errors by lodging the appropriate notifications.

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. The company is involved in projects that include the extraction of iron ore and other minerals, with a market focus on expanding its resource base and enhancing shareholder value.

Technical Sentiment Signal: Sell

Current Market Cap: A$20.86M

Find detailed analytics on MGU stock on TipRanks’ Stock Analysis page.

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