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Perseus Mining’s Stake in Predictive Discovery Diminishes Following Private Placement

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Perseus Mining’s Stake in Predictive Discovery Diminishes Following Private Placement

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Predictive Discovery Limited ( (AU:PDI) ) has shared an update.

Predictive Discovery Limited has experienced a change in its substantial holder interests, as Perseus Mining Limited’s voting power decreased from 19.86% to 17.87% due to a private placement by Predictive Discovery. This development indicates a dilution in Perseus Mining’s stake, which could impact its influence over the company. This adjustment in shareholding might affect strategic decisions and stakeholder interests due to the altered voting power dynamics within Predictive Discovery.

More about Predictive Discovery Limited

Predictive Discovery Limited operates in the mining industry, focusing primarily on the exploration and development of gold resources. The company is involved in discovering new mining opportunities and expanding its market presence through strategic partnerships and resource development.

YTD Price Performance: 45.65%

Average Trading Volume: 2,373,652

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$875.1M

Find detailed analytics on PDI stock on TipRanks’ Stock Analysis page.

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