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The latest update is out from Magnum Mining and Exploration Limited ( (AU:MGU) ).
Magnum Mining & Exploration Limited has disclosed a change in director Leslie Pereira’s relevant interests, with 25 million performance rights issued indirectly to his related entity Nannook Holdings Pty Ltd under the company’s Board Performance Plan, following shareholder approval on 22 December 2025. The non-cash issuance, valued at approximately $127,733 effective 4 November 2025, increases Pereira’s exposure to the company through performance-linked securities while leaving his existing holding of 31,050,050 ordinary shares (via Carmine Lion Group Pty Ltd) unchanged, highlighting ongoing alignment of executive incentives with shareholder interests.
More about Magnum Mining and Exploration Limited
Magnum Mining & Exploration Limited is an Australian-listed resources company focused on mining and exploration activities. It is involved in identifying, developing and managing mineral assets, providing investors with exposure to the commodities sector through equity and related securities.
Average Trading Volume: 19,059,728
Technical Sentiment Signal: Sell
Current Market Cap: A$15.97M
See more data about MGU stock on TipRanks’ Stock Analysis page.