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Sipa Resources Limited ( (AU:AUV) ) has provided an announcement.
Auravelle Metals Limited has reported a change in director John Forwood’s holdings, with the company notifying the ASX in line with its disclosure obligations. Auravelle operates in the resources sector, though this specific filing focuses solely on director interests rather than operational activities. The company disclosed that Forwood acquired 1,250,000 additional fully paid ordinary shares for $20,000 via a placement approved by shareholders at a general meeting on 8 January 2026, increasing his direct shareholding to 3,990,416 shares while his existing unlisted option holdings remain unchanged. The move signals increased financial alignment between the director and shareholders, but does not in itself indicate any change to the company’s strategy or underlying operations.
More about Sipa Resources Limited
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.