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An announcement from Metal Bank Limited ( (AU:MBK) ) is now available.
Metal Bank Limited has completed the acquisition of Hastings’ gold assets, including the Whiteheads, Ark, and Darcy’s projects, expanding its portfolio in Western Australia. The company has issued shares to Hastings as part of the acquisition and appointed Charles Lew as a non-executive director, enhancing its strategic leadership. This acquisition aligns with MBK’s strategy to fast-track its gold projects and advance the Whiteheads project towards production, potentially impacting its market position and offering growth opportunities for stakeholders.
More about Metal Bank Limited
Metal Bank Limited (MBK) is involved in the exploration and development of gold, copper, and cobalt projects. The company holds significant interests in various projects, including the Livingstone Gold Project and the Millennium Cobalt-Copper-Gold project, with a focus on substantial growth potential in Western Australia and Queensland.
Average Trading Volume: 1,239,761
Technical Sentiment Signal: Buy
Current Market Cap: A$11.58M
For detailed information about MBK stock, go to TipRanks’ Stock Analysis page.