Buxton Resources Limited (AU:BUX) has released an update.
Buxton Resources Limited has announced a change in the interests of substantial holder IGO Limited, with an increase in voting power from 18.19% to 19.95% due to an issuance of shares. The transaction involved 9,551,459 new ordinary shares valued at $811,874.02, as part of a placement that was previously announced on May 30, 2024. This shift represents a notable change in the company’s ownership structure, potentially impacting Buxton’s strategic direction and shareholder influence.
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