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Havilah Resources Acquires Substantial Stake in Heavy Rare Earths

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Havilah Resources Acquires Substantial Stake in Heavy Rare Earths

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Havilah Resources Limited ( (AU:HAV) ) has shared an announcement.

Havilah Resources Limited has become a substantial holder in Heavy Rare Earths Limited, acquiring an 18.27% voting power with 38,000,000 fully paid ordinary shares. This strategic acquisition, completed with a cash consideration of $1,140,000, positions Havilah Resources as a significant influencer within the company, potentially impacting its operational decisions and benefiting its stakeholders.

More about Havilah Resources Limited

YTD Price Performance: -8.89%

Average Trading Volume: 143,651

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$71.24M

For a thorough assessment of HAV stock, go to TipRanks’ Stock Analysis page.

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