Aurum Resources Holds 91% Stake in Mako Gold After Takeover Offer Closes, Mako Shares Rise Almost 10%

MT Newswires Live

02-03

Aurum Resources (ASX:AUE) confirmed that its off-market takeover offer for all ordinary shares in Mako Gold (ASX:MKG) closed on Jan. 31 and it currently holds a 91.38% stake in Mako Gold, according to an Australian bourse filing on Monday.

Aurum launched a compulsory acquisition process for the remaining Mako Gold shares on issue, the filing added.

Mako Gold's shares rose almost 10% in early trading on Monday. Meanwhile, Aurum Resources' shares slid 2% in recent trade.

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Meanwhile, Aurum Resources' shares slid 2% in recent trade.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MKG.AU","symbol_name":"Mako Gold","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2508157468","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508157468","pubTimestamp":1738543324,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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