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Dr. Antony Harwood increases stake to over 10% in Montero Mining after private placement.

Market News
16 Oct 2026
Newsfile Corp
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Neutral
Dr. Antony Harwood increases stake to over 10% in Montero Mining after private placement.

Dr. Antony Harwood has increased his ownership in Montero Mining and Exploration Ltd. by acquiring 363,637 units in a recent private placement, raising his stake to approximately 10.20% of the company's shares on a non-diluted basis. The units included common shares and warrants, with the warrants allowing purchase of additional shares at C$0.70 within 12 months. This move reflects Harwood's investment confidence and could influence future ownership changes depending on market conditions. The acquisition was disclosed in an early warning report as required under Canadian securities laws.

Montero Mining and Exploration Ltd. ownership changes provide context for readers. For those tracking Basic Materials, 33 of 83 US stocks rose and 41 fell on Pluang. Notable movers include Steel Dynamics Inc. at USD 243.90 (+1.30%), SSR Mining Inc. at USD 31.37 (-1.20%), and Hecla Mining Company at USD 15.38 (-1.19%) with 100% buy orders, as of Oct 16, 2026 20:11 WIB.

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