✉news BusinessRetail first seen 10 h ago, last 3 h ago, peak #10
Magnetite Mines raises $694K from retail investors
Original: Magnetite Mines taps retail investors for $694K via discounted share plan
Australian iron ore explorer Magnetite Mines has raised A$694,000 from retail shareholders through a discounted share purchase plan. The company, which is developing the Razorback iron ore project in South Australia, offered shares at a discount to existing holders to shore up funding for exploration and development work.
Why now: The discounted share plan gives small investors a chance to buy in cheaply, prompting discussion about the company's funding needs and outlook.
Magnetite MinesRazorback iron ore project
Rank over time, top of the chart is #1. 6 snapshots from 10 h ago to 3 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1043193