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NewPeak Metals Ltd: Substantial Holder Increases Stake

NewPeak Metals Ltd: Substantial Holder Increases Stake

NewPeak Metals Ltd. (AU:NPM) has released an update.

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Gerhard Redelinghuys and associated companies, including Cape Coal Pty Ltd and Redel Resources Pty Ltd, have adjusted their substantial holdings in NewPeak Metals Ltd. The changes, which are a result of an on-market purchase, a rights issue, and a share placement, have increased their voting power slightly from 12.32% to 12.64%. These maneuvers reflect active portfolio management and engagement with NewPeak Metals Ltd’s financial activities.

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