Magnum Mining & Exploration Raises AU$490,072 Via Entitlement Offer; Shares Hit All-Time Low

MT Newswires Live

06/26

Magnum Mining & Exploration (ASX:MGU) said that its one-for-one pro-rata non-renounceable entitlement offer raised AU$490,072 and closed on June 24, via the issue of 245 million shares at AU$0.002 per share, according to a Thursday Australian bourse filing.

Shares of the company fell 25% on Thursday's close and earlier hit an all-time low.

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Shares Hit All-Time Low\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-06-26 14:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Magnum Mining &amp; Exploration (ASX:MGU) said that its one-for-one pro-rata non-renounceable entitlement offer raised AU$490,072 and closed on June 24, via the issue of 245 million shares at AU$0.002 per share, according to a Thursday Australian bourse filing.</p><p>Shares of the company fell 25% on Thursday's close and earlier hit an all-time low.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2546205532","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546205532","pubTimestamp":1750920038,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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