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Enuo Resources Acquires Substantial Stake in Australasian Metals
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Enuo Resources Acquires Substantial Stake in Australasian Metals

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An announcement from Australasian Metals Limited ( (AU:A8G) ) is now available.

Australasian Metals Limited has announced that Enuo Resources Pte. Ltd. has become a substantial holder in the company as of January 9, 2025. Enuo Resources acquired 5,769,231 ordinary shares, representing a 9.95% voting power in the company, for a consideration of $750,000. This development signifies a notable shift in the ownership structure of Australasian Metals Limited, potentially impacting its operational strategies and market positioning.

More about Australasian Metals Limited

YTD Price Performance: -6.25%

Average Trading Volume: 30,196

Technical Sentiment Consensus Rating: Buy

For detailed information about A8G stock, go to TipRanks’ Stock Analysis page.

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