Mako Gold Limited (AU:MKG) has released an update.
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Aurum Resources Limited has increased its stake in Mako Gold Limited, now holding 29.56% of the company’s fully paid ordinary shares. This change follows Aurum’s recent acquisition of additional shares through a takeover offer, indicating a strategic move to strengthen its influence in Mako Gold. Investors will be keen to see how this increased voting power will impact Mako Gold’s future direction.
For further insights into AU:MKG stock, check out TipRanks’ Stock Analysis page.