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Magontec Limited Approves Key Resolutions at 2025 EGM

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Magontec Limited Approves Key Resolutions at 2025 EGM

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Magontec Limited ( (AU:MGL) ) just unveiled an announcement.

Magontec Limited, a company involved in the production and distribution of magnesium alloys and related products, held its 2025 Extraordinary General Meeting where all proposed resolutions were approved by a poll. Key resolutions included the approval of a Memorandum of Settlement between Magontec and QSLM and a selective buy-back from QSLM, reflecting a strong consensus among stakeholders and potentially enhancing the company’s strategic and financial positioning.

More about Magontec Limited

YTD Price Performance: 11.11%

Average Trading Volume: 10,063

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$15.93M

For detailed information about MGL stock, go to TipRanks’ Stock Analysis page.

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