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Kogi Iron Director Increases Stake through Strategic Placement

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Kogi Iron Director Increases Stake through Strategic Placement

The latest announcement is out from Kogi Iron Ltd. ( (AU:M4M) ).

Kogi Iron Ltd. has disclosed a change in the director’s interest, specifically involving Shawn Tilley. The announcement highlights that Mr. Tilley, through the Tilley Share Holdings Trust, has acquired an additional 100,641,859 fully paid ordinary shares as part of the strategic placement. This acquisition increases his indirect holdings significantly, potentially strengthening his influence within the company. The change in holdings underscores ongoing strategic activities within the company and may signal confidence in its future prospects.

More about Kogi Iron Ltd.

YTD Price Performance: 25.00%

Average Trading Volume: 9,911,108

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$59.08M

See more data about M4M stock on TipRanks’ Stock Analysis page.

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