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Alkane sells most of Genesis stake

Nice profit for gold miner

Kristie Batten
Alkane managing director Nic Earner

Alkane managing director Nic Earner

The company sold 20 million of its 31.7 million shares on Monday, netting it A$34.4 million in proceeds. It means Alkane is no longer a substantial shareholder in Genesis. Alkane paid a pre-consolidation...

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