Alkane Resources Ends Major Stake in Medallion Metals

Alkane Resources Ltd (AU:ALK) has released an update.

Alkane Resources Limited has announced ceasing to be a substantial holder in Medallion Metals Limited, as detailed in a formal notice dated 09/10/2024. The change is attributed to a dilution effect following a placement, resulting in Alkane’s voting power being affected by the equivalent of 20,000,000 fully paid ordinary shares.

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