Magmatic provides COVID-19 update

Magmatic has been proactively managing the potential impact of COVID-19 and has developed systems and policies to ensure the health and safety of our people, and limiting the risk to our operations during these unprecedented times. These systems and policies have been progressively developed in line with the formal guidance of State and Federal health authorities and with the assistance of our contractors.

To ensure the health and wellbeing of our people and contractors, Magmatic has implemented a range of measures to minimise the risk of infection and rate of transmission of COVID-19. These measures include health screening, increased hygiene practices, restrictions on non-essential travel, establishing strong infection control systems and protocols across the business and encouraging and facilitating remote working arrangements where practicable.

The Company will continue to monitor the formal requirements and guidance of State and Federal health authorities, and act accordingly.

That being said, Magmatic is pleased to be able to continue operating and working towards its objectives for the remainder of the 2020 financial year, and expects that momentum to continue into FY2021.