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Woomera Mining Director Increases Stake Amid Strategic Acquisition

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Woomera Mining Director Increases Stake Amid Strategic Acquisition

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Woomera Mining Ltd. ( (AU:OB1) ) has provided an update.

Woomera Mining Ltd. announced a significant change in the shareholding of its director, Angus Middleton. Middleton’s indirect interest increased by 30 million ordinary shares, acquired at $0.02 per share, as part of the consideration for the acquisition of Fortify Mining Pty Ltd, which holds the Majestic North Project. This acquisition could potentially enhance Woomera Mining’s asset portfolio and strengthen its market position.

More about Woomera Mining Ltd.

Average Trading Volume: 493,375

Technical Sentiment Signal: Sell

Current Market Cap: A$3.31M

Find detailed analytics on OB1 stock on TipRanks’ Stock Analysis page.

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