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Medallion Metals Ltd Announces Change in Substantial Holding Status

Story Highlights
  • Alkane Resources Limited is no longer a substantial holder in Medallion Metals Ltd.
  • The change is due to a dilution in Medallion’s capital structure affecting 30 million securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medallion Metals Ltd Announces Change in Substantial Holding Status

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Medallion Metals Ltd ( (AU:MM8) ) has shared an announcement.

Medallion Metals Ltd has announced a change in its substantial holding status, with Alkane Resources Limited ceasing to be a substantial holder as of July 22, 2025. This change is due to a dilution resulting from a change in the capital structure, affecting 30,000,000 voting securities. This development may impact Medallion Metals Ltd’s shareholder dynamics and influence its strategic decisions moving forward.

The most recent analyst rating on (AU:MM8) stock is a Buy with a A$0.41 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.

More about Medallion Metals Ltd

Average Trading Volume: 839,516

Technical Sentiment Signal: Buy

Current Market Cap: A$132.2M

Find detailed analytics on MM8 stock on TipRanks’ Stock Analysis page.

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