tiprankstipranks
Trending News
More News >

Magnum Mining Updates Securities Issue Timeline

Story Highlights

An announcement from Magnum Mining and Exploration Limited ( (AU:MGU) ) is now available.

Magnum Mining and Exploration Limited has updated its previous announcement regarding the proposed issue of securities, confirming revised dates for the offer closing and trading commencement. The update outlines key dates including the offer closing on 26 May 2025, commencement of trading on a deferred settlement basis on 27 May 2025, and the start of normal T+2 basis trading on 3 June 2025. This announcement is significant as it provides clarity and timeline adjustments for stakeholders involved in the securities offering, potentially impacting the company’s market operations and investor relations.

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 is engaged in identifying and developing mining projects that can deliver value to its stakeholders.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.61M

Find detailed analytics on MGU stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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