Magmatic Resources Ltd. (AU:MAG) has released an update.
Magmatic Resources Limited has announced a new securities issuance of 35,411,765 ordinary fully paid shares under the ASX code MAG, set for a proposed issue date of May 24, 2024. This move, aimed at raising capital, is pending approval from the Australian Securities Exchange (ASX) and is intended to be quoted for trading on a deferred settlement basis.
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