Southern Hemisphere Mining Limited (AU:SUH) has released an update.
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Pictet Asset Management (Singapore) Pte Ltd has become a substantial holder in Southern Hemisphere Mining Limited, acquiring a 9.86% stake with over 72 million votes attached to the company’s voting shares. The acquisition was made at a price of A$0.035 per share on 17 June 2024, involving registered holders BNP Paribas Noms Pty Ltd and HSBC Custody Nominees (Australia) Limited. This move could signal a strategic interest by the asset management firm in the mining sector and is a noteworthy development for investors and market watchers.
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