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RCF Opportunities Fund II L.P. Increases Stake in New World Resources Limited

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RCF Opportunities Fund II L.P. Increases Stake in New World Resources Limited

Confident Investing Starts Here:

New World Resources Limited ( (AU:NWC) ) just unveiled an update.

New World Resources Limited has experienced a change in the interests of a substantial holder, as RCF Opportunities Fund II L.P. increased its voting power from 5.51% to 7.24% by purchasing an additional 100,000,000 fully paid ordinary shares. This increase in stake signifies a stronger influence of RCF Opportunities Fund II L.P. in the company’s decision-making process, potentially impacting the company’s strategic direction and operations.

More about New World Resources Limited

Average Trading Volume: 30,000

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €33M

Learn more about NWC stock on TipRanks’ Stock Analysis page.

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