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UBS Group AG Lowers Stake in Chalice Mining
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UBS Group AG Lowers Stake in Chalice Mining

Chalice Mining Limited (AU:CHN) has released an update.

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UBS Group AG, a substantial holder in Chalice Mining Limited, has reduced its voting power from 6.26% to 5.02%, as detailed in a recent change of interests notice. The reduction in voting shares from 24,354,641 to 19,530,323 indicates a significant change in the company’s ownership structure. This change comes after UBS exercised its borrowing rights under Prime Broking Agreements and other securities arrangements.

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

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