Patronus Resources (ASX:PTN) has acquired a 7.73% stake in Emmerson Resources (ASX:ERM) for AU$5.4 million, purchasing 49.14 million shares at AU$0.11 each in an off-market transaction, according to a Friday filing with the Australian bourse.
The investment targets Emmerson's gold and copper assets in the Tennant Creek district and Patronus expects increased M&A interest and exploration efforts in the region, the filing said.
Shares of Emmerson Resources rose 4% in recent Friday trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。