Mineral Hill (TSE:MHI) has released an update.
Mineral Hill Industries Ltd. is poised for a significant shift in control as president Dieter Peter plans to sell a majority stake of 53.38% to Instant Finance and Consulting AG. This proposed sale will result in a new controlling shareholder, pending approval from the disinterested shareholders and the TSX Venture Exchange during the upcoming AGSM. The move comes after a previous unanimous approval for a control change, signaling potential strategic shifts in the company’s future.
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