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Bank of Nova Scotia Ups Stake in Spartan Resources

Bank of Nova Scotia Ups Stake in Spartan Resources

Gascoyne Resources Limited (AU:SPR) has released an update.

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The Bank of Nova Scotia and its controlled entities have notably increased their shareholding in Spartan Resources Limited, with voting power rising from 7.11% to 8.11% through a series of in-market purchases and a private placement. This series of transactions, which occurred between March and September 2024, demonstrates a growing confidence in the company’s potential, signaling a significant change in the interests of this substantial holder.

For further insights into AU:SPR stock, check out TipRanks’ Stock Analysis page.

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