Calu Fund Boosts Stake in Luca Mining Corp.
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Calu Fund Boosts Stake in Luca Mining Corp.

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Altaley Mining Corporation (TSE:LUCA) has released an update.

Calu Opportunity Fund LP, a control person of Luca Mining Corp., has increased its stake in the company by acquiring 165,000 common shares at $0.56 each, bringing its total ownership to 20.34%. This move, carried out through the open market, may indicate an active interest in the mining firm’s performance, although Calu has no explicit plans for future transactions.

For further insights into TSE:LUCA stock, check out TipRanks’ Stock Analysis page.

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