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State Street Becomes Major Stakeholder in Ramelius Resources

Ramelius Resources Limited (AU:RMS) has released an update.

State Street Corporation has emerged as a substantial holder in Ramelius Resources Limited, acquiring a 5.04% stake with 57,536,879 ordinary shares. This significant financial move, effective from April 8, 2024, showcases State Street’s growing interest and investment in the resources sector. The details of the acquisition, including the nature of relevant interests and the consideration paid, are outlined but specific monetary values are not disclosed in the summary.

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

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