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Fenix Resources Increases Stake in Athena Resources
Company Announcements

Fenix Resources Increases Stake in Athena Resources

Story Highlights
  • Fenix Resources Ltd raised its voting power in Athena Resources from 19.84% to 24.93%.
  • The acquisition of additional shares may enhance Fenix’s influence in Athena’s strategic decisions.
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Stay Ahead of the Market:

Athena Resources Limited ( (AU:AHN) ) has issued an update.

Athena Resources Limited announced a change in the substantial holding by Fenix Resources Ltd, which increased its voting power from 19.84% to 24.93% by acquiring an additional 132,500,000 shares through a renounceable entitlement offer. This change in holding may impact Athena’s shareholder dynamics and strategic decisions, potentially increasing Fenix’s influence in company operations and future decision-making.

More about Athena Resources Limited

Current Market Cap: A$10.02M

For a thorough assessment of AHN stock, go to TipRanks’ Stock Analysis page.

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