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Director Resignation and Shareholding Update at Sun Silver Ltd.

Story Highlights
  • Sun Silver Ltd. announced the resignation of Gerard O’Donovan as a director.
  • O’Donovan holds 2,750,000 shares and 650,000 rights under escrow, affecting investor confidence.
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The latest announcement is out from Sun Silver Ltd. ( (AU:SS1) ).

Sun Silver Ltd. announced the resignation of Gerard O’Donovan as a director, effective February 14, 2025. As part of this announcement, the company detailed O’Donovan’s holdings, which include 2,750,000 fully paid ordinary shares and 650,000 performance rights, both subject to a 24-month escrow. This change in the board may impact the company’s strategic direction and investor confidence, particularly given the substantial shareholding involved.

More about Sun Silver Ltd.

Sun Silver Ltd. operates in the mining industry, focusing on the extraction and production of silver. The company primarily deals with silver mining and related activities, positioning itself in the precious metals market.

YTD Price Performance: 20.0%

Average Trading Volume: 542,535

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$109.1M

For detailed information about SS1 stock, go to TipRanks’ Stock Analysis page.

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