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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.
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