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Fenix Resources Ceases Substantial Holding in CZR Resources

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Fenix Resources Ceases Substantial Holding in CZR Resources

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Fenix Resources Limited ( (AU:FEX) ) just unveiled an announcement.

Fenix Resources Limited has announced that it ceased to be a substantial holder in CZR Resources Ltd as of April 29, 2025. This change occurred due to the failure of Fenix’s off-market takeover bid for all ordinary shares in CZR, as the offer closed with unfulfilled conditions, impacting Fenix’s interests in CZR’s voting securities.

More about Fenix Resources Limited

Fenix Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of iron ore and other related commodities, catering to markets that demand these raw materials.

Average Trading Volume: 3,066

Technical Sentiment Signal: Strong Sell

Current Market Cap: €121.3M

Learn more about FEX stock on TipRanks’ Stock Analysis page.

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