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Magnetite Mines Announces Director Departure and Holdings
Company Announcements

Magnetite Mines Announces Director Departure and Holdings

Magnetite Mines Limited (AU:MGT) has released an update.

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Magnetite Mines Limited has announced the departure of Peter James Schubert from the board, effective November 27, 2024. Schubert’s significant holdings include over 2 million ordinary shares and various options, reflecting his notable investment in the company. Investors might see this as a pivotal moment for the company as leadership changes can impact future strategic directions.

For further insights into AU:MGT stock, check out TipRanks’ Stock Analysis page.

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