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Pinnacle Minerals Limited ( (AU:PIM) ) just unveiled an update.
Pinnacle Minerals Limited has announced a change in the interests of its substantial holder, ED Spod 1 Corp., due to the issuance of new shares by the company. This issuance has resulted in the dilution of ED Spod 1 Corp.’s ownership, reducing its voting power from 15.99% to 9.05%. This change reflects a strategic move by Pinnacle Minerals to potentially raise capital or adjust its shareholder structure, which could have implications for its market positioning and stakeholder interests.
More about Pinnacle Minerals Limited
Average Trading Volume: 885,462
Technical Sentiment Signal: Buy
See more data about PIM stock on TipRanks’ Stock Analysis page.