Mayur Resources Sells Chunk of Adyton Shares

Adyton Resources Corporation (TSE:ADY) has released an update.

Mayur Resources Limited, an Australian public company, has sold 10 million shares of Adyton Resources Corporation for C$300,000, decreasing its ownership from approximately 30.5% to 25.5%. The shares were sold via private agreements at C$0.03 each and are traded on the TSX Venture Exchange. Mayur, which now holds about 25.5% of Adyton’s non-diluted shares, indicates that future transactions will depend on market conditions.

For further insights into TSE:ADY stock, check out TipRanks’ Stock Analysis page.