tiprankstipranks
Magnetite Mines Issues New Equity Securities
Company Announcements

Magnetite Mines Issues New Equity Securities

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

Don't Miss Our Christmas Offers:

Magnetite Mines Limited has announced the issuance of new unquoted equity securities, including 2,716,978 STI Performance Rights set to vest in 2025 and 2,970,842 unlisted LTI Options with a future exercise date. These developments are part of the company’s ongoing efforts to incentivize employees and align with long-term strategic goals, potentially impacting future stock performance.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App