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An announcement from Magnum Mining and Exploration Limited ( (AU:MGU) ) is now available.
Magnum Mining & Exploration Limited has disclosed a change in director Athan Lekkas’s interests, with his related entity Berlurly Mining Pty Ltd receiving 25,000,000 performance rights. The non-cash securities were issued under the company’s Board Performance Plan following shareholder approval in late December 2025, increasing Berlurly Mining’s total holding to 66,666,666 ordinary shares and 25,000,000 performance rights and further aligning the director’s incentives with shareholder outcomes.
More about Magnum Mining and Exploration Limited
Magnum Mining & Exploration Limited is an ASX-listed resources company focused on mineral exploration and mining activities. The company is engaged in identifying, acquiring and developing mineral assets, providing exposure to commodities through exploration and project development.
Average Trading Volume: 19,059,728
Technical Sentiment Signal: Sell
Current Market Cap: A$15.97M
For an in-depth examination of MGU stock, go to TipRanks’ Overview page.