Kogi Iron Ltd. (AU:M4M) has released an update.
Tolga Kumova and Kitara Investments Pty Ltd have increased their voting power in Macro Metals Limited from 8.48% to 9.83% through a series of on-market acquisitions and participation in a share placement. The recent change, which involved purchasing over 79 million shares for a total consideration approaching $216,000, has significantly bolstered their stake in the company. This marks a notable change in the interests of a substantial holder, which could potentially influence the company’s future direction.
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