Navarre Minerals Limited (AU:NML) has released an update.
Navarre Minerals Limited has announced a significant change in shareholding, with Evolution Mining Limited selling its 11.75% stake in the company to a consortium led by Navarre’s Managing Director, James Gurry, and the joint-lead managers of the recent capital raise. The transaction, an off-market share sale, is part of Navarre’s ongoing recapitalization and re-compliance efforts, aligning with their continuous disclosure obligations. Navarre, known for its advanced exploration projects in Victoria, including the flagship Stawell Corridor Gold Project, continues its exploration and development activities.
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