Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sunshine Gold Ltd ( (AU:SHN) ) has shared an update.
Sunshine Metals Limited has announced that Lion Selection Group Ltd has become a substantial holder in the company as of May 21, 2025. Lion Selection Group Ltd now holds a 7% voting power in Sunshine Metals Limited, with 146,645,021 ordinary shares. This acquisition, which involved a cash consideration of $500,000 for 83,333,333 shares, signifies a significant investment and potential influence on the company’s future decisions and market strategy.
More about Sunshine Gold Ltd
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$16.7M
Find detailed analytics on SHN stock on TipRanks’ Stock Analysis page.