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 | ||
0.062 AUD | +1.64% | +3.33% | -54.07% |
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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7.11 AUD | -2.20% | +0.57% | 3.5B | ||
0.062 AUD | +1.64% | +3.33% | 4.07M | ||
1st Jan change | Capi. | |
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-54.07% | 4.07M | |
-14.40% | 143B | |
-6.66% | 117B | |
-0.55% | 71.07B | |
+6.69% | 50.97B | |
+13.30% | 48.38B | |
+34.12% | 39.93B | |
+22.92% | 26.1B | |
+32.58% | 21.36B | |
+58.44% | 18.57B |
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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.