Resource Capital Fund Ends Stake in Genesis Minerals
Company Announcements

Resource Capital Fund Ends Stake in Genesis Minerals

Genesis Minerals Limited (AU:GMD) has released an update.

Resource Capital Fund VII L.P. has officially exited its substantial shareholder position in Genesis Minerals Limited, following a notable market sale of shares. The final sale occurred on August 13, 2024, with a total of 40 million shares sold at $2.14 per share, reducing their stake by 3.57%. This divestment concludes the fund’s significant investment in the company, which previously reported a substantial holding notice on July 3, 2023.

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

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