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New World Resources Stakeholder Power Dilutes
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New World Resources Stakeholder Power Dilutes

New World Resources Limited (AU:NWC) has released an update.

RCF Opportunities Fund II L.P. has lodged Form 604, indicating a change in their substantial holding in New World Resources Limited, due to a dilution event resulting from non-participation in a share placement. Their voting power in the company has decreased from 6.91% to 5.51%. All shares remain registered to Citicorp Nominees Pty Ltd as RCF’s Australian sub-custodian.

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

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