tiprankstipranks
Ilwella Pty Ltd Boosts Stake in Metallica Minerals
Company Announcements

Ilwella Pty Ltd Boosts Stake in Metallica Minerals

Metallica Minerals Limited (AU:MLM) has released an update.

Ilwella Pty Ltd has increased its relevant interest in Metallica Minerals Limited (MLM), now holding a voting power of 83.25%, up from the previous 82.05%. This increase is due to acceptances under an off-market takeover bid by Diatreme Resources Limited, a company in which Ilwella Pty Ltd has over 20% voting power. Consequently, Ilwella Pty Ltd’s share count in MLM has risen by 11,513,204 to a total of 799,094,895 fully paid ordinary shares.

For further insights into AU:MLM stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskDiatreme Urges Quick Acceptance of Metallica Takeover Offer
TipRanks Australian Auto-Generated NewsdeskIlwella Pty Ltd Boosts Stake in Metallica Minerals
TipRanks Australian Auto-Generated NewsdeskMetallica Minerals Sees Increased DRX Ownership
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!