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Chalice Mining Ceases to be Substantial Holder in Caspin Resources

Story Highlights
  • Chalice Mining and its entities are no longer substantial holders in Caspin Resources.
  • The change resulted from a dilution in Chalice’s holding due to new share issuance by Caspin.
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Chalice Mining Ceases to be Substantial Holder in Caspin Resources

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Caspin Resources Ltd. ( (AU:CPN) ) has issued an announcement.

Caspin Resources Limited has announced that Chalice Mining Limited and its associated entities have ceased to be substantial holders in the company as of May 13, 2025. This change occurred due to a dilution in Chalice’s holding following the issuance of ordinary shares by Caspin Resources. The change in shareholding could impact Caspin’s market dynamics and influence its stakeholder relationships, as Chalice’s reduced stake may alter the company’s strategic positioning.

More about Caspin Resources Ltd.

Average Trading Volume: 404,372

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$7.4M

For detailed information about CPN stock, go to TipRanks’ Stock Analysis page.

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