Lithium Energy Ltd. (AU:LEL) has released an update.
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Lithium Energy Limited (ASX:LEL) has experienced a dilution in voting power of one of its substantial shareholders, Strike Resources Limited (ASX:SRK), following the issuance of 4 million new shares by LEL. Despite the dilution, SRK maintains its position as the registered holder and beneficial owner of 31,010,000 ordinary shares, although its voting power has decreased from 28.713% to 27.687%. This shift in ownership dynamics could influence investor decisions and stock performance.
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