Mako Gold Limited (AU:MKG) has released an update.
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Aurum Resources Limited has increased its stake in Mako Gold Limited, acquiring additional shares to boost its voting power to 71.04%. This acquisition is part of a takeover offer that allows Mako shareholders to exchange their shares for Aurum shares. Investors in the financial market may find this development noteworthy as it reflects a significant change in ownership dynamics at Mako Gold.
For further insights into AU:MKG stock, check out TipRanks’ Stock Analysis page.