Maronan Metals Ltd (AU:MMA) has released an update.
Red Metal Limited has increased its voting power in Maronan Metals Ltd from 42.84% to 43.98% through the conversion of performance rights, resulting in an additional 4,000,000 ordinary shares under its control. This strategic move, executed on June 17, 2024, reflects a significant change in the interests of Red Metal Limited, signaling a stronger influence in Maronan Metals Ltd’s decision-making processes.
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