Highwood Oil Co. Ltd. (TSE:HAM) has released an update.
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Highwood Asset Management Ltd. has announced a strategic sale of 1.5 million common shares to Libra Advisors, signaling a notable shift in its shareholder base. The transaction has led to Libra controlling approximately 10.7% of Highwood’s shares, with plans for both organic growth and strategic mergers and acquisitions. This move comes with a change in the board as Garrett Ulmer steps down from his director position.
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