Medallion Metals Ltd ( (AU:MM8) ) has provided an announcement.
Medallion Metals Limited, an entity within the mining and exploration sector, has seen Alkane Resources Limited become a substantial holder with a 6.32% voting power. Alkane acquired 30 million fully paid ordinary shares, amounting to a significant stake that reflects an investment totaling $2 million. This move by Alkane could potentially influence Medallion Metals’ shareholder dynamics and strategic decisions, marking a notable change in the company’s ownership structure.
More about Medallion Metals Ltd
YTD Price Performance: 8.33%
Average Trading Volume: 527,976
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$53.22M
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