19
Sep
04:45
Magnum raises funds for Buena Vista iron project
Australian miner Magnum Mining & Exploration Limited (Magnum) has completed a placement to raise AUD 2.65 million ($1.71m) to advance its Buena Vista iron project in Nevada, in the United States of America, Kallanish notes.
Magnum says in a statement that the funding was raised through a one-tranche placement, with a 1-for-2 free attaching option.
The placement was conducted at a price of AUD 0.033 per share via a placement to sophisticated and institutional…
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