Metro Mining Limited (AU:MMI) has released an update.
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Metro Mining Limited has welcomed Virtue Investments Corporation as a new strategic investor with a 9.9% shareholding, following the exit of Greenstone Resource LLP. Virtue, a subsidiary of Singapore’s Ascend Global Investment Fund, is known for its successful ventures in the global resources sector, including nickel and coal. This investment is seen as a strong validation of Metro’s growth potential, particularly with its Bauxite Hills Mine Project.
For further insights into AU:MMI stock, check out TipRanks’ Stock Analysis page.
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