Perseus Mining Limited (AU:PRU) has released an update.
Perseus Mining Limited has significantly increased its holding in OreCorp Limited, with its voting power surging from 53.07% to 74.98% following an off-market takeover bid. The acquisition involved cash consideration of A$0.575 per share for the additional shares acquired on April 9, 2024. This strategic move consolidates Perseus’s position as a substantial shareholder in OreCorp.
For further insights into AU:PRU stock, check out TipRanks’ Stock Analysis page.