Metro Mining (ASX:MMI) said Virtue Investments, a subsidiary of Singapore's Ascend Capital, bought a 9.9% shareholding in the company, according to a Thursday filing with the Australian bourse.
This follows the exit of long-term shareholder, Greenstone Resource, from Metro Mining's register, the filing said.
The mining company's shares were up nearly 2% in recent Thursday trade.
Price (AUD): $0.06, Change: $+0.001, Percent Change: +1.67%
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