tiprankstipranks
Trending News
More News >

Change in Substantial Holdings for Miramar Resources Limited

Story Highlights
  • Faraday Nominees Pty Limited and Lesamourai Pty Ltd are no longer substantial holders in Miramar.
  • The change was due to a dilution from a Miramar share issue affecting 40 million shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from Miramar Resources Limited ( (AU:M2R) ).

Miramar Resources Limited has announced that Faraday Nominees Pty Limited and Lesamourai Pty Ltd have ceased to be substantial holders in the company as of April 10, 2025. This change occurred due to a dilution in their holdings following a share issue by Miramar, affecting 40,000,000 shares and votes. The announcement indicates a shift in shareholder composition, which could influence the company’s governance and strategic decisions.

More about Miramar Resources Limited

Technical Sentiment Signal: Buy

Current Market Cap: A$2.99M

For an in-depth examination of M2R stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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