The latest update is out from Gascoyne Resources Limited ( (AU:SPR) ).
Spartan Resources Limited, a company based in West Perth, Western Australia, has acquired a substantial holding in Benz Mining Corp., representing 14.91% of the voting power through 33,000,000 CHESS Depositary Interests (CDIs). The acquisition was completed on January 14, 2025, through a transaction involving the sale of the Glenburgh and Mt Egerton Gold Projects to Benz, with a consideration of $6.6 million. This strategic move marks a significant investment by Spartan Resources, potentially influencing its positioning within the mining sector and impacting its associated market stakeholders.
More about Gascoyne Resources Limited
YTD Price Performance: -37.43%
Average Trading Volume: 638
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.26B
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