FilingReader Intelligence

Magnetic Resources raises A$35m for Lady Julie gold project

August 19, 2025 at 10:10 AM UTCBy FilingReader AI

Magnetic Resources NL raised A$35 million through a placement of 26.9 million shares at A$1.30 each to new and existing investors.

The funds will advance the Lady Julie Gold Project, covering infill and extensional drilling, feasibility study optimization, early site works, and long lead item purchases.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:MAUAustralian Securities Exchange

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