Kalgoorlie Gold Mining Limited (AU:KAL) has released an update.
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Kalgoorlie Gold Mining Ltd. has experienced a significant change in its shareholder structure, with Regal Funds Management Pty Ltd and its associates reporting a substantial increase in their holding from 5.24% to 13.76%. The change involved acquisitions and sales of ordinary shares, notably a purchase of over 25 million ordinary shares. This movement in shareholding could indicate a strategic shift in the company’s investor base and might have implications for other investors and the market.
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