MGU magnum mining and exploration limited

Ann: RESULTS OF NON-RENOUNCEABLE ENTITLEMENT OFFER, page-25

  1. 21 Posts.
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    MGU Shareholders,

    Today’s AGM (May 30, 2025) is the board’s final opportunity to provide real answers.
    We’re fed up with their failures: no Saudi deal, a 90% share price collapse ($0.04 to $0.007), $400,000 in proposed pay rises (Resolution 7), and $411,000 in 2023 travel expenses for Neil and Athan (Notice, Page 3; Web ID: 17). While we lose, the board prospers—it’s unacceptable.

    If the AGM doesn’t deliver transparency and accountability, we’ll be contacting law firms immediately after to launch a class action. We’ll ensure every director’s companies and financial records are scrutinized—nothing stays hidden. Board, you’re on notice: we’re united, and we’re coming for answers.

    Join the Fight: leave a message on here to sign up for the class action. With 59% retail ownership (Web ID: 11), we need just 7+ shareholders to move forward. There’s no out-of-pocket cost—litigation funders cover expenses and take 20-40% of any settlement (estimated at $750,000–$1.5M, Web ID: 8).

    Their time has come to an end. Rally with us to make the board pay. Who’s in?

 
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Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $3.364M
Open High Low Value Volume
0.4¢ 0.4¢ 0.3¢ $1.938K 484.7K

Buyers (Bids)

No. Vol. Price($)
17 9040577 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 2434468 6
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