Mako Gold Limited (AU:MKG) has released an update.
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Aurum Resources Limited has increased its stake in Mako Gold Limited to 69.97% following recent acquisitions. This move is part of Aurum’s ongoing strategy to strengthen its position in the company, offering Mako shareholders one Aurum share for every 25.1 Mako shares. The acquisition reflects a significant consolidation of Aurum’s influence in Mako’s operations.
For further insights into AU:MKG stock, check out TipRanks’ Stock Analysis page.