Silver Lake Resources Limited (AU:SLR) has released an update.
Silver Lake Resources Limited has announced that UBS Group AG, along with its related entities, has acquired a substantial 5.37% stake in the company as of May 2, 2024. UBS’s voting power is attached to over 50 million ordinary shares, with various UBS branches and entities managing the voting rights and beneficial ownership. This significant financial move could be indicative of UBS’s strategic investment decisions or a signal of confidence in Silver Lake Resources’ future performance.
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