Aurum Resources (ASX:AUE) raised its stake in Mako Gold (ASX:MKG) to 90.89% from 89.87%, according to a Friday filing with the Australian bourse.
Mako Gold's shares are set to be suspended from trading on the ASX from Feb. 3 amid Aurum Resources' takeover bid.
Aurum Resources' shares were up nearly 4% in recent Friday trade.