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Bulletin Resources Boosts Stake in Matsa Resources

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Bulletin Resources Boosts Stake in Matsa Resources

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An announcement from Bulletin Resources Limited ( (AU:BNR) ) is now available.

Bulletin Resources Limited has increased its stake in Matsa Resources Limited, acquiring an additional 10 million ordinary fully paid shares through a share placement, which raises its voting power from 10.77% to 10.92%. This strategic move signals Bulletin Resources’ intention to strengthen its influence in Matsa Resources, potentially impacting Matsa’s future decision-making and operations.

More about Bulletin Resources Limited

Bulletin Resources Limited operates within the resources sector, focusing on mining and exploration activities.

YTD Price Performance: 16.67%

Average Trading Volume: 15,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €7.13M

For a thorough assessment of BNR stock, go to TipRanks’ Stock Analysis page.

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