Thursday, 18 April 2024

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Business News

Perseus Mining Bolsters Stake in OreCorp – TipRanks Financial Blog

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Perseus Mining Limited (AU:PRU) has released an update.

Perseus Mining Limited has increased its stake in OreCorp Limited, with its voting power now standing at 49.55% following the acceptance of offers made under an off-market takeover bid. Perseus acquired additional OreCorp shares at a consideration of A$0.575 each, marking a significant change in the company’s substantial holding. This strategic move is expected to impact both Perseus’s and OreCorp’s market positions.

For further insights into AU:PRU stock, check out TipRanks’ Stock Analysis page.

Click Here to Read the Full Original Article at TipRanks Financial Blog…


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