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Magnum Mining Extends Entitlement Offer Deadline

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Magnum Mining Extends Entitlement Offer Deadline

The latest announcement is out from Magnum Mining and Exploration Limited ( (AU:MGU) ).

Magnum Mining and Exploration Limited has extended the closing date of its non-renounceable entitlement offer by two weeks to March 24, 2025, following requests from shareholders for additional time to review the offer. This extension allows eligible shareholders in Australia and New Zealand more time to evaluate the investment opportunity, potentially impacting the company’s capital raising efforts and market positioning.

More about Magnum Mining and Exploration Limited

Magnum Mining and Exploration Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets the Australian and New Zealand markets, offering investment opportunities to shareholders within these regions.

Average Trading Volume: 854,782

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.86M

Learn more about MGU stock on TipRanks’ Stock Analysis page.

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