Chalice Mining Limited (AU:CHN) has released an update.
Chalice Mining Limited has announced a significant investment in Encounter Resources Limited, acquiring a 6.07% stake with over 27 million fully paid ordinary shares. The investment, which took place on April 23, 2024, involved a total consideration of approximately $7.65 million, allocated across two separate transactions within the month. This strategic move signals Chalice Mining’s growing influence in the mining sector and may interest investors looking for potential growth opportunities.
For further insights into AU:CHN stock, check out TipRanks’ Stock Analysis page.
