Nova Minerals Adjusts Stake in Asra Minerals
Company Announcements

Nova Minerals Adjusts Stake in Asra Minerals

Asra Minerals Limited (AU:ASR) has released an update.

Nova Minerals Limited has adjusted its substantial holding in Asra Minerals Limited, with its voting power shifting from 8.76% to 5.726% following its participation in a share placement in November 2023 and subsequent share issues by Asra. The change resulted from Nova Minerals Limited’s acquisition of an additional 10,416,667 ordinary shares at an issue price of A$0.012, amounting to a total consideration of A$125,000. This move alters the landscape of Asra Minerals’ shareholder structure and could be of interest to investors monitoring changes in company ownership.

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

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