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MAGNETITE MINES LIMITED. — Investor Relations & Filings

Ticker · MGT ISIN · AU000000MGT5 LEI · 529900XAMYX7J9MJV286 ASX Mining and quarrying
Filings indexed 1,393 across all filing types
Latest filing 2024-07-07 Capital/Financing Update
Country AU Australia
Listing ASX MGT

About MAGNETITE MINES LIMITED.

https://www.magnetitemines.com

Magnetite Mines Limited is an iron ore exploration and development company focused on the advancement of the Razorback Iron Ore Project. The company specializes in the development of large-scale magnetite deposits capable of producing high-grade iron ore concentrates. These products are specifically targeted at the global steel industry's transition toward green steel production, as high-grade magnetite is a critical feedstock for Direct Reduced Iron (DRI) processes which significantly reduce carbon emissions compared to traditional blast furnace methods. The company's primary asset, the Razorback Project, is characterized by its substantial mineral resource base and access to existing infrastructure. Magnetite Mines aims to establish a long-life mining operation that leverages technical innovation and sustainable practices to meet the increasing demand for premium, low-impurity iron ore products in international markets.

Recent filings

Filing Released Lang Actions
Agreement signed with JFE Shoji to fund DFS 4 pages 203.9KB
Capital/Financing Update Classification · 95% confidence The document is an ASX announcement dated 8 July 2024 regarding a non-binding Heads of Agreement between Magnetite Mines and JFE Shoji Australia Pty. Ltd. It outlines the terms of a proposed funding and offtake agreement related to the Razorback Iron Ore Project, including future joint venture discussions. The content focuses on a strategic partnership and funding arrangement rather than financial results, regulatory compliance, or detailed financial statements. There is no indication that this is a full financial report, audit, earnings release, or management discussion. The document is a formal announcement of a capital/financing update and partnership agreement. Therefore, the most appropriate classification is Capital/Financing Update (CAP).
2024-07-07 English
Updated Disclosure notification - Entitlement Offer 3 pages 112.7KB
Capital/Financing Update Classification · 95% confidence The document is an ASX announcement dated 8 July 2024 regarding a pro rata non-renounceable entitlement offer by Magnetite Mines Limited. It references the Corporations Act 2001 and ASIC instruments, discusses the terms of the entitlement offer, the issue of new shares, and ongoing negotiations related to funding and joint ventures. The document is primarily an update on financing activities, including share issuance and capital raising efforts. It does not contain financial statements or detailed financial performance data, nor is it a transcript, management report, or legal proceeding update. The focus on share issuance and capital raising classifies this as a Capital/Financing Update rather than a full financial report or regulatory filing. The document length (7865 characters) and content support this classification with high confidence.
2024-07-07 English
Entitlement Offer Opens for Applications 1 page 190
Capital/Financing Update Classification · 95% confidence The document is an ASX announcement dated 28 June 2024 regarding the opening of an entitlement offer for applications by Magnetite Mines Limited. It references the entitlement offer details, record date, application process, and closing date. The document is short (2814 characters) and primarily serves as a notification to shareholders about the offer opening and instructions on how to participate. It does not contain financial statements, detailed financial analysis, or management discussion. It is not a full report but an announcement related to capital raising activity. Therefore, it fits the category of Capital/Financing Update (CAP).
2024-06-27 English
Entitlement Offer Booklet 31 pages 469.0KB
Capital/Financing Update Classification · 95% confidence The document is titled 'Entitlement Offer Booklet' and describes a pro rata non-renounceable entitlement offer of new shares by Magnetite Mines Limited. It includes detailed information about the offer, the purpose of the capital raising, use of proceeds, risk factors, and regulatory notices. The content focuses on a capital raising event, including offer price, offer period, and strategic rationale. There is no indication that this is a full financial report, audit report, or earnings release. It is not a proxy statement, AGM material, or management discussion. The document is a detailed offer booklet related to a financing activity, specifically a share entitlement offer. Therefore, the most appropriate classification is Capital/Financing Update (CAP). The document length and detail support this classification with high confidence.
2024-06-27 English
Notification to Eligible Shareholders 6 pages 400.7KB
Capital/Financing Update Classification · 95% confidence The document is a detailed notification letter to shareholders about a pro rata non-renounceable entitlement offer to raise capital. It includes specifics about the offer terms, purpose of the capital raise, timetable, eligibility, and application instructions. The content focuses on financing activities, including raising approximately $5 million through issuing new shares at a discount, and strategic use of funds for project development and regulatory approvals. There is no financial statement or earnings data, no audit or management report, no voting results, no legal proceedings, and no merger activity. The document is clearly an update on capital raising and financing activities, consistent with a Capital/Financing Update filing. The length and detail confirm it is not a brief announcement or a report publication notice but a substantive communication about financing.
2024-06-27 English
Notification to Ineligible Shareholders 2 pages 106.0KB
Capital/Financing Update Classification · 95% confidence The document is a letter dated 28 June 2024 from Magnetite Mines Limited informing certain shareholders that they are ineligible to participate in a pro rata non-renounceable entitlement offer announced on 20 June 2024. It explains the terms of the entitlement offer, eligibility criteria, and reasons for ineligibility. The document does not contain financial statements or detailed financial data but is a notification related to a capital raising event. It is not the entitlement offer booklet itself but a communication to shareholders about their eligibility status. This fits the category of a Capital/Financing Update (CAP) as it relates to fundraising activities and capital structure changes.
2024-06-27 English

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