Macarthur Minerals Limited (TSXV: MMS) (ASX: MIO) (OTCQB: MMSDF) has announced the grant of 3,409,891 Bonus Shares. These shares were issued under the Company’s Share Compensation Plans.

Share Compensation Plans Details

The Bonus Shares are being issued as part of the Company’s Share Compensation Plans, approved by shareholders at the Annual General Meeting on August 29, 2023.

Company Profile

Macarthur Minerals focuses on iron ore development and lithium exploration. The company is progressing its Western Australia iron ore projects, including the Lake Giles Iron Project. The project has significant hematite and magnetite resources and reserves. Additionally, Macarthur holds iron exploration interests in the Pilbara region of Western Australia and lithium brine claims in Nevada, USA.

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