Ann: BIOCHAR & GREEN PIG IRON JV AGREEMENT SIGNED IN MALAYSIA, page-26

Youv'e answered your own question. It's not price sensitive, because an actual JV is yet to be signed. All the info you need is in the 1st paragraph. Go back and re-read the announcement. If you get stuck, the words you are looking for is 'to incorporate' in the copy and paste below.

Magnum Mining & Exploration Limited (ASX: MGU, Magnum, or the Company) has entered into a binding agreement with 2x1. Digital Private Limited (2x1) to incorporate a joint venture company (JV Co) to establish facilities for the trading, production and supply of biochar, iron ore and green pig iron in Malaysia.

The words are to incorporate, not 'has or have incorporated'. Magnum will no doubt release an announcement as and when it is signed off with all parties concerned, with all the required information. That will then be a price sensitive document, when released to the market..