Bellevue Gold’s Major Shareholder Reduces Stake

Bellevue Gold Limited (AU:BGL) has released an update.

Bellevue Gold Limited has experienced a change in its substantial holding, with The Bank of Nova Scotia and associated entities reducing their voting power from 7.06% to 5.77% through a series of in-market transactions. The changes occurred between May 28 and August 7, 2024, with the sale of shares including a substantial decrease of over 8 million shares in early August. This shift in ownership may have notable implications for investors and the company’s stock market performance.

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