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The latest update is out from Encounter Resources Limited ( (AU:ENR) ).
Encounter Resources Limited has announced that Chalice Mining Limited, along with its associated entities, has ceased to be a substantial holder in the company as of November 6, 2025. This change is due to a dilution in Chalice’s holdings following the issuance of ordinary shares through a placement, affecting 27,331,579 ordinary shares and votes. This development may impact Encounter Resources’ shareholder structure and influence within the industry.
More about Encounter Resources Limited
Average Trading Volume: 732,370
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$235.2M
See more insights into ENR stock on TipRanks’ Stock Analysis page.