Genesis Minerals Limited (AU:GMD) has released an update.
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Genesis Minerals Limited has acquired a substantial 7.64% voting power in Labyrinth Resources Limited, owning over 41 million ordinary shares. This strategic move, involving cash transactions and a share exchange deal valued at $3.75 million, underscores Genesis Minerals’ growing influence and investment strategy in the mining sector.
For further insights into AU:GMD stock, check out TipRanks’ Stock Analysis page.
