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Far East Gold Ltd ( (AU:FEG) ) has provided an announcement.
Far East Gold Ltd has announced a change in the interests of its substantial holder, Xingye Gold (Hong Kong) Mining Company Limited. Xingye has increased its voting power in Far East Gold Ltd from 14.56% to 19.99% following the acquisition of additional shares under a placement agreement. This change could potentially impact the company’s operations and industry positioning by consolidating Xingye’s influence in the company.
More about Far East Gold Ltd
YTD Price Performance: -5.56%
Average Trading Volume: 99,754
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$62.39M
Find detailed analytics on FEG stock on TipRanks’ Stock Analysis page.
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