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JPMorgan Secures Substantial Stake in Westgold Resources
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JPMorgan Secures Substantial Stake in Westgold Resources

Westgold Resources (AU:WGX) has released an update.

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JPMorgan Chase & Co. and its affiliates have become a substantial holder in Westgold Resources Ltd, acquiring a 5.26% voting power in the company through various transactions involving loans, securities lending, and proprietary purchases totaling 24,933,590 ordinary shares. This significant financial move was established on July 10, 2024, and involves multiple JPMorgan entities registered through Australian and global nominees.

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

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