Labyrinth Resources Sees Shift in Shareholding

Labyrinth Resources Limited (AU:LRL) has released an update.

Michael Foulds, representing Carlowen Pty Ltd and Makesum Super Pty Ltd, has ceased to be a substantial holder in Labyrinth Resources Limited after a dilution event on September 20, 2024. The change resulted in a decrease in his control over 93,333,653 FPOS shares, equivalent to 2.33% of the company’s votes. This shift in shareholding dynamics could signal new opportunities or considerations for investors in Labyrinth Resources.

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