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Magnetite Mines Ltd
Suite 3.03, Level 3, 30 Currie Street
Phone: +61 884270516p:+61 884270516 ADELAIDE, SA  5000  Australia Ticker: R8QR8Q
Business Summary
Magnetite Mines Limited is an Australia-based iron ore company. The Company is focused on the development of magnetite iron ore resources in the highly prospective Braemar iron region of South Australia. Its projects include Razorback Iron Ore Project and Muster Dam Iron Ore Project. The Razorback Iron Ore Project is a magnetite iron ore deposit capable of producing a high-grade iron ore concentrate product for use in steel production. The Project is situated approximately 45 kilometers (km) from open-user rail, 120 km from the power grid and 200 km to existing deep water ports. The Project consists of two magnetite iron ore deposits, the Razorback and the Ironback Hill deposits. The Muster Dam Iron Ore Project is hosted by the same Braemar Iron Formation as the Razorback Iron Ore Project. The Project is located approximately 110 km to the northeast of Razorback. The Company has a total mineral resource of six billion tons of iron ore located approximately 240 km from Adelaide.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20246/30/2024Yes----

Industries
SIC Code Description
1011 Iron ores
1099 Miscellaneous metal ores, not elsewhere classified
1041 Gold ores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Paul M.White 9/23/2024 1/12/2022
Chief Executive Officer, Managing Director TimDobson 10/29/2024 8/23/2022
Chief Financial Officer, Joint Company Secretary Simon David L.Smith 10/30/2023 9/4/2023
6 additional Officers and Directors records available in full report.

Business Names
Business Name
Aldershot-Royal Joint Venture
MGT
MGTDB
5 additional Business Names available in full report.

General Information
Outstanding Shares: 98,661,609 (As of 6/30/2024)
Shareholders: 5,908
Stock Exchange: ASX
Fax Number: +61 884270515


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Tuesday, December 3, 2024