Elevate Uranium Ltd (AU:EL8) has released an update.
Cumulus Wealth Pty Ltd has emerged as a substantial shareholder in Elevate Uranium Ltd, acquiring a 5.10% voting power with 15,717,577 ordinary shares. The acquisition positions Cumulus Wealth as a key player with managed discretionary accounts, indicating a strategic interest in the uranium company’s growth prospects. This financial move, reflecting confidence in Elevate Uranium, may influence other investors looking for opportunities in the energy sector.
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