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Sipa Resources Limited ( (AU:SRI) ) has shared an update.
Sipa Resources Limited has announced a change in the director’s interest, specifically concerning John Forwood. As of February 13, 2025, Forwood has acquired an additional 769,231 ordinary shares and 384,615 unlisted options through a placement approved by shareholders on February 7, 2025. This adjustment increases Forwood’s total holdings to 1,668,987 fully paid ordinary shares and 800,000 non-executive director options, indicating an enhanced stake in the company. Such changes could have implications on the company’s governance and investor confidence as Forwood’s increased holdings may reflect his confidence in the company’s future prospects.
More about Sipa Resources Limited
Sipa Resources Limited operates in the resources industry, primarily focusing on the exploration and development of mineral resources. The company is engaged in identifying and developing high-value mineral deposits, catering to the demands within the mining sector.
YTD Price Performance: -8.33%
Average Trading Volume: 497,034
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$4.58M
See more insights into SRI stock on TipRanks’ Stock Analysis page.
