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The latest update is out from Mkango Resources ( (TSE:MKA) ).
Mkango Resources Limited, a non-UK issuer, has made an announcement regarding a change in the breakdown of its voting rights due to recent equity placement activities. The company completed an equity placement on January 31, 2025, issuing 29,187,500 shares, which led to a decrease in the percentage of voting rights, affecting shareholders like Stewart Worth Newton, who now holds 3,756,667 shares representing 1.15% of the total. This development highlights a strategic move by Mkango Resources to raise capital while altering its shareholder structure.
More about Mkango Resources
YTD Price Performance: 14.47%
Average Trading Volume: 1,661,960
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £27.86M
For detailed information about MKA stock, go to TipRanks’ Stock Analysis page.
