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Magnum Mining and Exploration Limited ( (AU:MGU) ) has shared an announcement.
Magnum Mining & Exploration Limited has disclosed a change in director Michael Davy’s interests, with his associated entity Davy Corp Pty Ltd receiving 25 million performance rights. The non-cash issuance, valued at approximately $127,733 effective 4 November 2025, was made under the company’s Board Performance Plan following shareholder approval on 22 December 2025, further aligning the director’s incentives with shareholder outcomes through equity-based remuneration.
More about Magnum Mining and Exploration Limited
Magnum Mining & Exploration Limited is an Australian-listed resources company focused on mineral exploration and mining activities. The company’s operations centre on identifying, developing and advancing mineral assets, providing investors leveraged exposure to commodities through project development and exploration success.
Average Trading Volume: 19,059,728
Technical Sentiment Signal: Sell
Current Market Cap: A$15.97M
See more insights into MGU stock on TipRanks’ Stock Analysis page.