Nebari Partners’ Voting Power Diluted in MMI
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Nebari Partners’ Voting Power Diluted in MMI

Metro Mining Limited (AU:MMI) has released an update.

Nebari Partners and its associated entities, collectively a substantial holder in Metro Mining Limited (MMI), experienced a dilution in their voting power from 7.042% to 5.74% due to a capital raising event by MMI. Despite no change in the number of shares held, the dilution occurred on May 31, 2024, and was reported on June 6, 2024. Nebari Partners maintains a relevant interest in 341,000,000 shares, with Nebari Natural Resources AIV I, LP and Nebari Natural Resources AIV II, LP as the registered holders.

For further insights into AU:MMI stock, check out TipRanks’ Stock Analysis page.

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