Magnetite Mines Limited (AU:MGT) has released an update.
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Magnetite Mines Limited has announced the top 20 option holders and distribution schedule for its new quoted securities, MGTOA, set to expire on 2 October 2027. The detailed terms and conditions of these options are available in the Prospectus and Supplementary Prospectus on the company’s website. Magnetite Mines is focusing on developing its Razorback Iron Ore Project to deliver high-value iron ore products for the steel industry’s decarbonization efforts.
For further insights into AU:MGT stock, check out TipRanks’ Stock Analysis page.