Metallica Minerals Limited (AU:MLM) has released an update.
Ilwella Pty Ltd has increased its stake in Metallica Minerals Limited (MLM) to 27.65%, up from the previous 24.19%, through on-market purchases and acceptances of offers under an off-market takeover bid by Diatreme Resources Limited. The company now holds a total of 265,459,173 fully paid ordinary shares, indicating a strengthening position in MLM’s share structure.
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