Bulletin Resources Limited (AU:BNR) has released an update.
Bulletin Resources Limited has become a significant shareholder in Matsa Resources Limited, acquiring a 10.7% stake with 70 million shares. Matsa’s Lake Carey Gold Project, specifically the Devon Pit Gold Mine, is recognized by Bulletin for its potential to produce strong near-term cash flows, bolstered by the increasing gold prices. Bulletin’s investment aligns with its strategy to pursue geologically and economically promising opportunities.
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