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Xstate Resources Announces Director’s Interest Change Amid Capital Consolidation

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Xstate Resources Announces Director’s Interest Change Amid Capital Consolidation

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Xstate Resources Limited ( (AU:XST) ) has issued an announcement.

Xstate Resources Limited announced a change in the director’s interest, specifically a reduction in the number of securities held by Director Andrew Bald. This change, effective from August 4, 2025, resulted from a consolidation of issued capital, reducing Bald’s indirect interest to 1,419,780 ordinary shares and 1,793,722 unlisted options. The consolidation reflects the company’s ongoing capital management strategy, potentially impacting its operational flexibility and shareholder value.

More about Xstate Resources Limited

Xstate Resources Limited operates in the resources industry, focusing on the exploration and development of energy resources. The company is involved in acquiring and managing interests in various energy projects, aiming to enhance its market position within the sector.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.89M

For a thorough assessment of XST stock, go to TipRanks’ Stock Analysis page.

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