GWR Group Limited (AU:GWR) has released an update.
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GWR Group Limited has successfully sold its 80% stake in the Hatches Creek Tungsten Project to Tungsten Mining NL, receiving 107.5 million shares in return, thereby increasing its voting power in TGN to approximately 19.86%. The company remains committed to its Prospect Ridge Project and is exploring potential acquisitions to strengthen its portfolio. This strategic move highlights GWR’s focus on maximizing shareholder value and enhancing its project development operations.
For further insights into AU:GWR stock, check out TipRanks’ Stock Analysis page.
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