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Austpec Investments Ceases Substantial Holding in Critical Minerals Group

Story Highlights
  • Austpec Investments Pty Ltd no longer holds a substantial stake in Critical Minerals Group.
  • The issuance of 5,010,000 shares has diluted Austpec’s interest, altering the ownership structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Austpec Investments Ceases Substantial Holding in Critical Minerals Group

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The latest update is out from Critical Minerals Group Ltd. ( (AU:CMG) ).

Austpec Investments Pty Ltd has ceased to be a substantial holder in Critical Minerals Group Ltd. due to a dilution of interest following the issuance of 5,010,000 ordinary shares. This change in shareholding structure may impact the company’s market dynamics and influence investor perceptions, as it reflects a shift in the ownership landscape.

More about Critical Minerals Group Ltd.

Critical Minerals Group Ltd. operates in the mining industry, focusing on the extraction and development of critical minerals essential for various industrial applications. The company is listed on the Australian Securities Exchange under the ticker CMG.

Average Trading Volume: 68,798

Technical Sentiment Signal: Sell

Current Market Cap: A$11.95M

See more insights into CMG stock on TipRanks’ Stock Analysis page.

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