Kingston Resources Reports Shareholder Dilution
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Kingston Resources Reports Shareholder Dilution

Kingston Resources Ltd. (AU:KSN) has released an update.

Kingston Resources Limited has experienced a shift in substantial holdings, with 2invest AG, DELPHI Unternehmensberatung Aktiengesellschaft, and Hansjoerg Plaggemars revealing a dilution in their voting power from 12.67% to 9.96% due to the issuance of new shares. No change in the number of shares held was reported, indicating that the dilution resulted purely from an increase in the total number of shares of the company. The three entities, all with interlinked interests and leadership roles, maintain their significant influence over the company.

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

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