Alkane Resources Ltd (AU:ALK) has released an update.
Alkane Resources Limited has announced its position as a substantial shareholder in Medallion Metals Limited, with a 5.39% voting power through the ownership of 20,000,000 shares, acquired for a total consideration of $1,000,000. This strategic move by Alkane signals its significant interest and influence in the operations of Medallion Metals.
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