Metro Mining Limited (AU:MMI) has released an update.
Nebari Partners and associated entities have reduced their stake in Metro Mining Limited from 8.754% to 7.042%, following off-market sales totaling 240 million shares at $0.041 each. This transaction has decreased their voting power and altered the configuration of their substantial holding in the company. The changes took effect on May 2, 2024, and have been disclosed in line with regulatory requirements.
For further insights into AU:MMI stock, check out TipRanks’ Stock Analysis page.