Evolution Energy Minerals Limited (AU:EV1) has released an update.
Evolution Energy Minerals Limited (EV1) has reported a shift in the voting power of its substantial holder, with a dilution from 22.26% to 19.11% due to the issuance of new shares. The entities under the umbrella of the substantial holder, including ARCH Emerging Markets Partners Limited and African Rainbow Capital, retain a relevant interest in 58,158,009 shares of EV1. This change in voting power reflects the dynamic nature of stock ownership and could influence the company’s decision-making process.
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