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IPB Petroleum Welcomes New Major Shareholder

IPB Petroleum Welcomes New Major Shareholder

IPB Petroleum Ltd. (AU:IPB) has released an update.

Mr. Martin Rowney has become a substantial holder in IPB Petroleum Limited, securing a 6.08% voting power through 43,000,000 ordinary shares. This stake comprises individual holdings and as trustee of the Second Spitter Superfund. The details of the acquisition, including considerations and relevant interests, are outlined in the company’s latest financial documentation.

For further insights into AU:IPB stock, check out TipRanks’ Stock Analysis page.

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