Sunshine Gold Ltd (AU:SHN) has released an update.
The Bank of Nova Scotia, through its controlling entities including 1832 Asset Management L.P., has emerged as a substantial holder in Sunshine Gold Ltd with a 5.51% stake, amounting to 84,305,142 common shares. The shares were acquired in multiple transactions leading up to March 28, 2024, with the largest purchase happening on the same day through an institutional placement deal. This strategic move signifies a growing interest and confidence in Sunshine Gold’s market prospects.
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