UBS Group AG Takes Substantial Stake in Chalice Mining

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

UBS Group AG has emerged as a substantial holder in Chalice Mining Limited, acquiring a 5.17% stake with over 20 million ordinary shares and options. The acquisition positions UBS Group AG entities as powerful stakeholders with various UBS branches and fund management divisions holding significant control over voting rights. This move could signify strategic interest by UBS in Chalice Mining’s performance and direction.

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