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Tesoro Gold Director Increases Stake with New Share Acquisition

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Tesoro Gold Director Increases Stake with New Share Acquisition

Tesoro Gold ( (AU:TSO) ) has provided an update.

Tesoro Gold Limited announced a change in the director’s interest, with Geoffrey William McNamara acquiring an additional 152,372 fully paid ordinary shares through an off-market trade. This acquisition increases McNamara’s indirect holdings to 34,470,918 shares, indicating a strengthened position in the company. The change reflects a strategic move that could impact the company’s governance and shareholder dynamics, potentially influencing its market perception and investor confidence.

More about Tesoro Gold

Tesoro Gold Limited operates in the mining industry, focusing on the exploration and development of gold resources. The company is involved in identifying and developing gold mining projects, with a market focus on expanding its gold reserves and production capabilities.

YTD Price Performance: 220.0%

Average Trading Volume: 10,000

Current Market Cap: $30.37M

For detailed information about TSO stock, go to TipRanks’ Stock Analysis page.

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