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Bank of Nova Scotia Acquires Significant Stake in Gorilla Gold Mines

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Bank of Nova Scotia Acquires Significant Stake in Gorilla Gold Mines

An update from Labyrinth Resources Limited ( (AU:GG8) ) is now available.

The Bank of Nova Scotia, through its controlling entities including 1832 Asset Management L.P., has become a substantial holder in Gorilla Gold Mines Ltd., acquiring a 6.92% voting power with 43,421,053 common shares. This acquisition signifies a strategic investment move by the bank, potentially influencing Gorilla Gold Mines’ market position and shareholder dynamics.

More about Labyrinth Resources Limited

YTD Price Performance: 84.62%

Average Trading Volume: 1,072,123

Technical Sentiment Signal: Sell

Current Market Cap: A$301M

See more data about GG8 stock on TipRanks’ Stock Analysis page.

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