Magnum Mining Updates Securities Issue Timeline

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Magnum Mining Updates Securities Issue Timeline

Magnum Mining and Exploration Limited ( (AU:MGU) ) has shared an update.

Magnum Mining and Exploration Limited has updated its previous announcement regarding the proposed issue of securities, confirming revised key dates for the offer and trading commencement. The offer closing date is set for April 28, 2025, with trading in new securities starting on a deferred settlement basis from April 29, 2025. This update is crucial for stakeholders as it outlines the timeline for the securities issue and trading, potentially impacting the company’s financial strategy and market positioning.

More about Magnum Mining and Exploration Limited

Magnum Mining and Exploration Limited operates in the mining and exploration industry, focusing on the development and extraction of mineral resources. The company is involved in the exploration and potential production of various minerals, aiming to expand its market presence and resource base.

Average Trading Volume: 881,244

Technical Sentiment Signal: Buy

Current Market Cap: A$4.86M

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

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