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Sibelco Asia Pacific Boosts Stake in Metallica Minerals
Company Announcements

Sibelco Asia Pacific Boosts Stake in Metallica Minerals

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

Sibelco Asia Pacific Pty Ltd has significantly increased its stake in Metallica Minerals Limited (MLM), with voting power now at 79.67%, up from the previous 72.70%. This change comes after Sibelco and SCR-Sibelco NV’s deemed relevant interest rose due to acceptances under a takeover bid by Diatreme Resources Limited. Additionally, an on-market acquisition added 1,394,626 fully paid ordinary shares to their holding.

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

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