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Aurum Resources Closes Takeover of Mako Gold

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Aurum Resources Closes Takeover of Mako Gold

Aurum Resources Limited ( (AU:AUE) ) has provided an update.

Aurum Resources Limited has announced the closure of its off-market takeover offer for Mako Gold Limited, with Aurum now holding a 91.38% stake in Mako. The company will proceed with the compulsory acquisition process for the remaining shares, signaling a significant expansion of Aurum’s interests and influence in the gold exploration sector.

More about Aurum Resources Limited

Aurum Resources Limited operates in the resources industry with a focus on resource acquisition and development.

YTD Price Performance: -21.21%

Average Trading Volume: 1,034,317

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$56.88M

Find detailed analytics on AUE stock on TipRanks’ Stock Analysis page.

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