Sierra Rutile Holdings Limited (AU:SRX) has released an update.
Sierra Rutile Holdings Limited (SRX) has experienced a change in substantial holdings, with Leonoil Company Limited and its associates now controlling an increased voting power of 92.61%, up from 91.59%. This shift occurred through a series of acquisitions as part of Leonoil’s off-market takeover bid for SRX’s ordinary shares at $0.18 each. These transactions have further consolidated Leonoil’s influence over the company.
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