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Interra Resources Boosts Stake in Morella Corporation
Company Announcements

Interra Resources Boosts Stake in Morella Corporation

Morella Corporation (AU:1MC) has released an update.

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Interra Resources Limited has significantly increased its stake in Morella Corporation, growing its voting power from 11.41% to 16.78%. This boost in shares was achieved through a series of open market purchases and a significant subscription of shares via placement. Investors may find this move indicative of strategic positioning within the company.

For further insights into AU:1MC stock, check out TipRanks’ Stock Analysis page.

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