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Auravelle Metals Director Craig McGown Increases Indirect Shareholding via Placement

Story Highlights
  • Auravelle Metals director Craig McGown boosted his indirect stake through associated investment entities.
  • He acquired 2,000,000 new shares in a shareholder-approved placement, strengthening insider alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Auravelle Metals Director Craig McGown Increases Indirect Shareholding via Placement

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Sipa Resources Limited ( (AU:AUV) ) has issued an announcement.

Auravelle Metals director Craig McGown has increased his indirect shareholding in the company through entities for which he is both a director and beneficiary. Following shareholder approval at the 8 January 2026 general meeting, McGown acquired 2,000,000 additional ordinary shares via a placement for $32,000, lifting his indirect holding in Auravelle Metals and signalling strengthened insider alignment with the company’s equity base.

More about Sipa Resources Limited

Auravelle Metals Limited operates in the resources sector, focusing on metals exploration and related investments, with its securities listed on the ASX and held by various investment and superannuation entities associated with its directors.

Average Trading Volume: 3,132,696

Technical Sentiment Signal: Buy

Current Market Cap: A$11.95M

For detailed information about AUV stock, go to TipRanks’ Stock Analysis page.

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