Metal Hawk Limited (ASX:MHK) signed a binding agreement to acquire remaining 51% stake in Kanowna East, Emu Lake and Fraser South projects in Western Australia from IGO Limited (ASX:IGO) for AUD 0.26 million on May 4, 2023. The transaction will result in IGO's shareholding in Metal Hawk increasing from 5.4% to 8.2%. The payment for IGO's 51% interest in the Fraser South, Kanowna East and Emu Lake Projects consists of 2 million fully paid MHK shares and 2 million MHK options.
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Other stock markets
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5-day change | 1st Jan Change | ||
0.064 AUD | -1.54% | -8.57% | -52.59% |
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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---|---|---|---|---|---|
7.07 AUD | +2.46% | -6.73% | 3.4B | ||
0.064 AUD | -1.54% | -8.57% | 4.2M | ||
1st Jan change | Capi. | |
---|---|---|
-52.59% | 4.2M | |
-12.18% | 144B | |
-14.12% | 108B | |
-7.79% | 65.79B | |
+4.02% | 50.68B | |
+4.19% | 46.23B | |
-0.95% | 29.45B | |
+10.87% | 22.73B | |
-8.10% | 14.9B | |
+26.46% | 14.48B |
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- Stock Metal Hawk Limited - Australian S.E.
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- Metal Hawk Limited signed a binding agreement to acquire remaining 51% stake in Kanowna East, Emu Lake and Fraser South projects in Western Australia from IGO Limited for AUD 0.26 million.