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The latest announcement is out from AuKing Mining Ltd ( (AU:AKN) ).
Kabunga Holdings Pty Ltd has increased its stake in AuKing Mining Limited, a company involved in the mining industry, by acquiring additional shares. This change in shareholding reflects a strategic move by Kabunga Holdings to enhance its influence in the company, raising its voting power from 7.96% to 10.04%. The acquisition was achieved through an off-market transfer and participation in a share placement issue, indicating a significant interest in the company’s future prospects.
More about AuKing Mining Ltd
Technical Sentiment Signal: Sell
Current Market Cap: A$3.1M
See more insights into AKN stock on TipRanks’ Stock Analysis page.