Todd River Resources Ltd. (AU:TX3) has released an update.
Trinex Minerals Limited has reported a change in its substantial holding in Todd River Resources Ltd., with a decrease in voting power from 16.94% to 11.30% following the release of 102,180,000 shares from voluntary escrow. The release of these shares has affected the company’s voting rights, yet Trinex maintains no entitlement to acquire the shares or control their voting rights due to restrictions under voluntary escrow deeds.
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