tiprankstipranks
Trending News
More News >

Black Canyon Limited Welcomes New Substantial Shareholder

Story Highlights
Black Canyon Limited Welcomes New Substantial Shareholder

Confident Investing Starts Here:

Black Canyon Limited ( (AU:BCA) ) just unveiled an update.

Black Canyon Limited, listed on the ASX under the ticker BCA, has a new substantial shareholder, Treasury Services Group Pty Ltd, acting on behalf of the Nero Resource Fund. This development, effective from March 20, 2025, gives the fund a 6.43% voting power in the company through its acquisition of 8,333,333 fully paid ordinary shares. The move signifies a strategic investment by the Nero Resource Fund, potentially impacting Black Canyon’s market position and signaling confidence in its future prospects.

More about Black Canyon Limited

Average Trading Volume: 107,416

Technical Sentiment Signal: Buy

Current Market Cap: A$7.78M

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

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1