Geopacific takes major stake in Kula

August 3, 2017

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ASX-listed Geopacific Resources has increased its shareholding in takeover target Kula Gold to 69.3%, after another major shareholder accepted its offer.

Geopacific on Thursday reported that RMB Australia and RMB Resources, which collectively held a 13.07% interest in Kula, had accepted the increased takeover offer.

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