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Macarthur Minerals Updates AGM Information on Share Issuance and Stakeholder Impact

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Macarthur Minerals Updates AGM Information on Share Issuance and Stakeholder Impact

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Macarthur Minerals Ltd. ( (AU:MIO) ) just unveiled an announcement.

Macarthur Minerals Limited has updated information regarding its upcoming Annual General Meeting, specifically concerning Resolution 14, which involves shareholder approval for issuing shares to Gold Valley Yilgarn Pty Ltd, potentially increasing its stake in the company. The update also includes details about a recent share conversion by Copulos Group, impacting the potential voting power distribution between stakeholders, which shareholders are encouraged to consider when voting.

More about Macarthur Minerals Ltd.

Macarthur Minerals Limited is an iron ore development and lithium exploration company focused on advancing its Western Australia iron ore projects. The company’s Lake Giles Iron Project includes significant hematite and magnetite resources, with proven and probable ore reserves, and exploration interests in the Pilbara region.

Average Trading Volume: 154,867

Technical Sentiment Signal: Sell

Current Market Cap: A$2.23M

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

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