Sayona Mining (AU:SYA) has released an update.
JPMorgan Chase & Co. and its affiliates have become a substantial holder in Sayona Mining Ltd, acquiring a 5.02% voting power through a total of 517,194,558 ordinary shares. The significant acquisition includes various forms of interest such as securities on loan, securities under lending agreements, and direct purchases and sales. This strategic move reflects JPMorgan’s growing investment interest in the mining sector and positions them as a key shareholder in Sayona Mining.
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