MAG 3.03% 6.8¢ magmatic resources limited

Ann: Quarterly Activities Report - December 2023, page-2

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    Well, hats off for this at least -

    Post the December quarter Andrew Viner resigned as a Director of the Company. In an effort to maximise cashflow towards ongoing exploration efforts, the remaining three Magmatic directors have also agreed to a 50% reduction in salaries, fees and benefits. Other areas of operational costs are also currently being reviewed.
 
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