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Fenix Resources Increases Stake in CZR Resources Through Takeover

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CZR Resources Ltd ( (AU:CZR) ) has shared an update.

CZR Resources Ltd has experienced a change in its substantial holding as Fenix Resources Ltd has increased its voting power from 5.08% to 6.14% through an off-market takeover bid. This acquisition reflects Fenix’s strategic move to consolidate its position in CZR, potentially impacting the company’s market dynamics and stakeholder interests.

More about CZR Resources Ltd

YTD Price Performance: 21.43%

Average Trading Volume: 347,172

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$60.37M

For detailed information about CZR stock, go to TipRanks’ Stock Analysis page.

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