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Metalsgrove Mining Ltd. ( (AU:MGA) ) just unveiled an announcement.
MetalsGrove Mining Limited has confirmed that all resolutions put to shareholders at its 30 January 2026 general meeting were passed by poll, including ratification of previous share issues under Listing Rules 7.1 and 7.1A and approval to issue Tranche 2 placement shares. Shareholders also backed several resolutions allowing directors to participate in the recent placement and, in one case, to receive shares as a remuneration bonus, reinforcing board alignment with shareholders and supporting the company’s ongoing capital-raising strategy to fund future operations and growth plans.
The most recent analyst rating on (AU:MGA) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Metalsgrove Mining Ltd. stock, see the AU:MGA Stock Forecast page.
More about Metalsgrove Mining Ltd.
MetalsGrove Mining Limited (ASX: MGA) is an Australian-listed mining company focused on mineral exploration and development, operating within the broader resources sector and funded through equity placements to advance its projects and corporate activities.
Average Trading Volume: 163,630
Technical Sentiment Signal: Buy
Current Market Cap: A$11.07M
Find detailed analytics on MGA stock on TipRanks’ Stock Analysis page.