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Patagonia Lithium Ltd Announces Director’s Shareholding Adjustment

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Patagonia Lithium Ltd Announces Director’s Shareholding Adjustment

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Patagonia Lithium Limited ( (AU:PL3) ) has provided an announcement.

Patagonia Lithium Ltd announced a change in the director’s interest, with Phillip Thomas, the sole director and shareholder of Gurtan Pty Ltd, transferring 528,571 shares from direct ownership to indirect ownership through Gurtan. This transaction, which involved no cash consideration, reflects internal adjustments in shareholding structure without altering the overall number of shares held by Thomas, potentially indicating strategic positioning within the company.

More about Patagonia Lithium Limited

Patagonia Lithium Ltd operates in the lithium industry, focusing on the exploration and development of lithium resources. The company is involved in the extraction and production of lithium, a critical component for batteries used in electric vehicles and various electronic devices.

Average Trading Volume: 50,867

Technical Sentiment Signal: Sell

Current Market Cap: A$4.78M

For detailed information about PL3 stock, go to TipRanks’ Stock Analysis page.

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