Westgold picks up Alto stake

MIDDLE Island Resources has sold its substantial stake in neighbour Alto Metals to ASX 200 miner Westgold Resources.

Westgold picks up Alto stake Westgold picks up Alto stake Westgold picks up Alto stake Westgold picks up Alto stake Westgold picks up Alto stake

Alto drilling at its Sandstone project

Middle Island offloaded its entire 37.3 million shares for A$2.88 million, which equates to a sale price of about 7.9c per share.

The company acquired the stake on-market at 9.5c per share in October.

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