Mako Gold Limited (AU:MKG) has released an update.
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Aurum Resources Limited has increased its stake in Mako Gold Limited, raising its voting power from 35.41% to 37.55%. This change comes as a result of Aurum’s acquisition of additional shares through a takeover offer, indicating a strategic move to strengthen its influence in Mako Gold. Investors may find this development noteworthy as it reflects Aurum’s expanding interest in Mako’s operations.
For further insights into AU:MKG stock, check out TipRanks’ Stock Analysis page.