Infinity Mining Limited (AU:IMI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Josephus Antonio Groot, a substantial holder in Infinity Mining Limited, has increased his voting power in the company from 12.3% to 15.6% as of September 2, 2024. This change is attributed to an agreement where Groot received shares in lieu of a director’s fee, as approved in the latest AGM. The additional shares have taken his total control to over 21 million ordinary shares, signifying a significant shift in the company’s share distribution.
For further insights into AU:IMI stock, check out TipRanks’ Stock Analysis page.