Aguia Resources Limited (AU:AGR) has released an update.
Aguia Resources Limited has announced a substantial shareholder notice, indicating a deemed interest in its own shares due to a voluntary escrow arrangement connected to its recent acquisition of Andean Mining Limited. This escrow restricts the trading of the shares issued under the takeover offer, with Aguia now controlling a 39.10% voting power in the company. The move is part of Aguia’s expansion, adding a significant portfolio of gold, silver, and copper projects to its pre-production phosphate projects in Brazil.
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