Metals Exploration (GB:MTL) has released an update.
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Metals Exploration PLC, a gold producer, has announced plans for a share buyback from Runruno Holdings Limited, an acquisition of the YMC Group, and a general meeting for shareholders’ approval. These strategic moves aim to consolidate control and are expected to be completed by 30th August 2024, following approval at the meeting scheduled for 23rd August. The company’s actions are set to increase the existing shareholders’ voting rights by holding the repurchased shares in treasury.
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