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Midas Minerals Director Increases Stake Through Share Placement

Story Highlights
  • Sara Kelly increased her indirect interest in Midas Minerals by acquiring 166,700 shares.
  • The acquisition was part of a shareholder-approved placement, impacting market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Midas Minerals Director Increases Stake Through Share Placement

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Midas Minerals Limited ( (AU:MM1) ) has issued an announcement.

Midas Minerals Limited announced a change in the director’s interest, specifically involving Sara Kelly, who increased her indirect interest through TYF Holdings Pty Ltd by acquiring 166,700 fully paid ordinary shares. This acquisition was part of a placement approved by shareholders at a general meeting. The transaction reflects the company’s ongoing efforts to align its leadership’s interests with shareholder value, potentially impacting the company’s market perception and investor confidence.

More about Midas Minerals Limited

Average Trading Volume: 331,648

Technical Sentiment Signal: Buy

Current Market Cap: A$41.17M

Learn more about MM1 stock on TipRanks’ Stock Analysis page.

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