Woomera Mining Shareholder Structure Alters

Woomera Mining Ltd. (AU:WML) has released an update.

In a significant shift in shareholder landscape, Woomera Mining Ltd. has announced that Elizabeth and Thomas Soderholm no longer qualify as substantial holders after selling a combined total of 21 million ordinary shares in a series of on-market transactions. The sales, totaling over $70,000, have potentially impactful implications for the company’s voting dynamics and investor relations. This development marks a considerable change for Woomera Mining, as the Soderholms’ decisions to reduce their stakes could signal shifts in the company’s strategic direction or financial health.

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