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Mining Projects Accelerator Ceases to Be Substantial Shareholder in SQX Resources

Story Highlights
  • SQX Resources’ shareholder base shifted as Mining Projects Accelerator ceased being a substantial holder.
  • Dilution from a recent share issue reduced Mining Projects Accelerator’s stake by 2,695,700 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mining Projects Accelerator Ceases to Be Substantial Shareholder in SQX Resources

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An announcement from SQX Resources Limited ( (AU:SQX) ) is now available.

Mining Projects Accelerator Pty Ltd has notified SQX Resources Limited that it has ceased to be a substantial shareholder as of 7 January 2026. The change in status resulted from dilution following a share issue by SQX Resources, which reduced Mining Projects Accelerator’s voting interest by 2,695,700 shares, signalling a shift in the company’s ownership structure that may affect the influence of this former major holder on corporate decisions.

The most recent analyst rating on (AU:SQX) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on SQX Resources Limited stock, see the AU:SQX Stock Forecast page.

More about SQX Resources Limited

SQX Resources Limited operates in the resources and mining sector, focusing on exploration and development activities in Australia. The company’s shareholder base includes specialist mining investment entities that can influence its capital structure and strategic funding through their equity positions.

Average Trading Volume: 394,063

Technical Sentiment Signal: Buy

Current Market Cap: A$9.98M

See more data about SQX stock on TipRanks’ Stock Analysis page.

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