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Mako Gold Limited ( (AU:MKG) ) has provided an announcement.
Aurum Resources Limited, a company listed on the Australian Securities Exchange (ASX: AUE), has announced its intent to compulsorily acquire the remaining shares of Mako Gold Limited, another ASX-listed entity, following its off-market takeover offer. Holding a 90.23% interest in Mako, Aurum will proceed with the acquisition of all remaining shares, including those potentially convertible in the coming weeks, aligning with regulations under the Corporations Act 2001. The acquisition will result in the suspension of Mako shares, with a 1 Aurum share offered for every 25.1 Mako shares.
More about Mako Gold Limited
YTD Price Performance: 7.69%
Average Trading Volume: 2,701,817
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$13.81M
Find detailed analytics on MKG stock on TipRanks’ Stock Analysis page.
