Magnum Mining and Exploration Limited ( (AU:MGU) ) has shared an update.
Magnum Mining and Exploration Limited has announced an extension of its non-renounceable entitlement offer period by three weeks, now closing on April 28, 2025. This extension comes in response to shareholder requests for additional time to review the offer materials and assess the investment opportunity, potentially impacting shareholder participation and the company’s capital raising efforts.
More about Magnum Mining and Exploration Limited
Magnum Mining and Exploration Limited operates within the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets the Australian and New Zealand markets, offering investment opportunities through its entitlement offers to eligible shareholders.
Average Trading Volume: 881,244
Technical Sentiment Signal: Buy
Current Market Cap: A$4.86M
Find detailed analytics on MGU stock on TipRanks’ Stock Analysis page.