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LINGBAO GOLD Acquires Major Stake in Geopacific Resources
Company Announcements

LINGBAO GOLD Acquires Major Stake in Geopacific Resources

Geopacific Resources Limited (AU:GPR) has released an update.

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LINGBAO GOLD INTERNATIONAL COMPANY LIMITED has become a substantial holder in Geopacific Resources Ltd., securing a 13.0% voting power with 136,800,894 fully paid ordinary shares. The acquisition, which took place on August 28, 2024, involved a cash consideration of $2,872,819. This strategic move could indicate LINGBAO GOLD’s confidence in Geopacific Resources’ potential, making it a noteworthy development for investors.

For further insights into AU:GPR stock, check out TipRanks’ Stock Analysis page.

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