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Brazilian Rare Earths Shareholder Influence Dilutes

Brazilian Rare Earths Ltd. (AU:BRE) has released an update.

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Dominic Allen’s voting power in Brazilian Rare Earths Ltd. decreased from 7.74% to 6.73% due to the issuance of additional securities by the company, despite his shareholding remaining unchanged at 16,580,423 shares. There were no changes in the number of votes he could exercise, nor in his associates or relevant interests, indicating a dilution of his influence rather than a sale or transfer of shares.

For further insights into AU:BRE stock, check out TipRanks’ Stock Analysis page.

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