Magnetic Resources Completes Bookbuild for AU$35 Million Placement

MT Newswires Live

2025/08/19

Magnetic Resources (ASX:MAU) completed its bookbuild for a placement of about 26.9 million new shares at AU$1.30 apiece to raise AU$35 million, according to a Tuesday filing with the Australian bourse.

Argonaut Securities acted as joint lead manager and joint bookrunner along with Shaw and Partners, the filing said.

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