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Stellar Resources Shareholder Voting Power Diluted
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Stellar Resources Shareholder Voting Power Diluted

Stellar Resources Limited (AU:SRZ) has released an update.

Stellar Resources Limited (ASX:SRZ) has experienced a change in shareholder dynamics as Treasury Services Group Pty Ltd, on behalf of Nero Resource Fund, has undergone a dilution of their holding. This change occurred due to the issuance of new shares as part of a share placement announced on May 24, 2024, resulting in the substantial holder’s voting power decreasing from 19.48% to 15.54% despite maintaining the same number of shares.

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

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