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Magnum Mining & Exploration Announces Expiry of Listed Options

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Magnum Mining & Exploration Announces Expiry of Listed Options

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Magnum Mining and Exploration Limited ( (AU:MGU) ) has provided an announcement.

Magnum Mining & Exploration Limited announced the expiration of 193,996,767 listed options on October 31, 2025, which are currently out of the money. The official quotation of these options will cease on October 27, 2025. The company’s share price is significantly below the exercise price of the options, indicating limited likelihood of exercise, impacting potential capital inflow from these options.

More about Magnum Mining and Exploration Limited

Magnum Mining & Exploration Limited operates in the mining and exploration industry, focusing on the development and extraction of mineral resources. The company is listed on the Australian Securities Exchange (ASX) and engages in activities related to mining exploration and resource development.

Average Trading Volume: 22,836,293

Technical Sentiment Signal: Sell

Current Market Cap: A$20.86M

Learn more about MGU stock on TipRanks’ Stock Analysis page.

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