Australian Rare Earths Limited (AU:AR3) has released an update.
Australian Rare Earths Limited has reported a significant change in ownership, with Acorn Capital Limited’s voting power increasing to 11.30%. This adjustment reflects a change in the relevant interest of Acorn Capital as an investment manager for various funds and trusts, resulting in a shift in control over a substantial number of voting shares. The disclosure highlights the dynamic nature of the company’s investor base and potential governance implications.
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