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Blackstone Minerals Announces New Substantial Shareholders

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Blackstone Minerals Announces New Substantial Shareholders

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An announcement from Blackstone Minerals Ltd ( (AU:BSX) ) is now available.

Blackstone Minerals Limited has announced a significant change in its shareholder structure. Geoffrey Mark Gilmour, along with Willowood Corporate Pty Ltd, Attfield Corporate Pty Ltd, and Danielle Marie Gilmour, collectively known as the Gilmour Parties, have become substantial holders in the company, acquiring a total of 121,019,231 fully paid ordinary shares, representing an 8.78% voting power. This acquisition was primarily facilitated through a scheme of arrangement between Blackstone Minerals Limited and IDM International Limited. The impact of this change in substantial holding may influence the company’s strategic direction and governance, potentially affecting its market positioning and stakeholder interests.

More about Blackstone Minerals Ltd

Average Trading Volume: 1,427,332

Technical Sentiment Signal: Buy

Current Market Cap: A$61.71M

See more data about BSX stock on TipRanks’ Stock Analysis page.

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