29metals Ltd. (AU:29M) has released an update.
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29Metals Ltd. has reported a significant change in the voting power of its substantial holder, EMR Capital Holdings Pty Ltd, due to a non-renounceable entitlement offer. The voting power initially decreased from 47.68% to 25.47%, but has since reverted to 44.85% following the completion of the retail component of the offer.
For further insights into AU:29M stock, check out TipRanks’ Stock Analysis page.