Genesis Minerals Limited (AU:GMD) has released an update.
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Genesis Minerals Limited has become a substantial holder in Ordell Minerals Limited, acquiring a total of 4,000,000 ordinary shares which accounts for an 8% voting power in the company. The transaction, which occurred on July 12, 2024, involved a consideration of $800,000 for the shares. This new investment by Genesis Minerals marks a significant stake in the financial positioning of Ordell Minerals.
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