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LONDON (Alliance News) - Goldstone Resources Ltd Tuesday said it has pushed its stake in fellow AIM-listed Metal Tiger PLC over 3% after acquiring shares in the company.
Goldstone said it had a small holding in Metal Tiger before the transaction, but now holds a total of 2.1 million Metal Tiger shares, giving it a 3.4% stake in the company.
Stratex International PLC, which holds a 33.5% stake in Goldstone, noted the transaction in its own statement.
On Tuesday afternoon, Goldstone shares were trading up 35.8% to 1.53 pence per share whilst Metal Tiger shares were down 2.9% to 0.898p. Stratex shares were trading down 6.9% to 1.35p.
By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance
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