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Magnetic Resources NL (ASX:MAU)
ALERT: Price-sensitive ASX Announcement for MAU
Current share price for MAU : $1.850 -0.1 (-5.13%)+
Release
27 May 2026 5:32PM
Price at Release
$1.950
Full Release
Summary
Magnetic Resources NL issued a correction to their previous announcement regarding the indicative outcome of elections for scheme consideration. The initial statement mistakenly indicated '0.1412 New Genesis Shares and A$1.8588 cash' as part of the scheme consideration per share, which has been corrected to '0.0206 New Genesis Shares and A$1.8588 cash'. This announcement was authorized by the board of Magnetic Resources NL.
Key Points
- Correction to ASX announcement on scheme consideration.
- Initial mistake in share allocation corrected from 0.1412 to 0.0206 New Genesis Shares.
- Cash component remains A$1.8588 per Scheme Share.
- Authorized by the board of Magnetic Resources NL.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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