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Megado Minerals Substantial Holder Voting Power Decreases

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Megado Minerals Substantial Holder Voting Power Decreases

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Megado Gold Ltd. ( (AU:MEG) ) has provided an announcement.

Megado Minerals Limited has experienced a change in the voting power of its substantial holder, DG Resource Management Ltd. The voting power decreased from 14.15% to 5.93% due to dilution from share issues by Megado Minerals Ltd. This change reflects a significant shift in the company’s shareholder structure, potentially impacting its governance and strategic decisions.

More about Megado Gold Ltd.

Average Trading Volume: 610,106

Technical Sentiment Signal: Sell

Current Market Cap: A$7.28M

For an in-depth examination of MEG stock, go to TipRanks’ Overview page.

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