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Serabi Gold Announces Major Shareholder Transaction

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Serabi Gold Announces Major Shareholder Transaction

The latest announcement is out from Serabi Gold ( (GB:SRB) ).

Serabi Gold plc, a mining company, has announced a significant change in its shareholder structure. Greenstone Resources II LP has entered into an agreement to sell 15,146,902 ordinary shares in Serabi Gold, reducing its voting rights from 25.20% to 5.20%. This transaction is expected to be completed within 20 days, impacting the company’s shareholder dynamics and potentially its market positioning.

More about Serabi Gold

YTD Price Performance: 50.93%

Average Trading Volume: 420,908

Technical Sentiment Signal: Strong Sell

Current Market Cap: £123.4M

See more data about SRB stock on TipRanks’ Stock Analysis page.

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