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Askari Metals Announces Change in Substantial Holder Interests

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Askari Metals Announces Change in Substantial Holder Interests

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Askari Metals Limited ( (AU:AS2) ) has shared an update.

Askari Metals Limited has announced a change in the interests of a substantial holder, Mr. Jason Peterson, with a decrease in voting power from 13.595% to 10.6749%. This change is due to a dilution in issued capital affecting various entities associated with Mr. Peterson, including Sunset Capital Management and Celtic Capital. The adjustment in voting power reflects a strategic shift in the company’s shareholder structure, potentially impacting its governance and decision-making processes.

More about Askari Metals Limited

Askari Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources.

Average Trading Volume: 6,390,458

Technical Sentiment Signal: Sell

Current Market Cap: A$4.85M

Learn more about AS2 stock on TipRanks’ Stock Analysis page.

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