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Sierra Rutile Announces Major Shareholder Change

Sierra Rutile Holdings Limited (AU:SRX) has released an update.

Sierra Rutile Holdings Ltd has announced that Mano Mining and Logistics Limited, along with its associates, has ceased to be a substantial holder after disposing of their shares in response to a takeover offer by Leonoil Company Limited. A total of 58 million shares were sold at $0.18 each, marking a significant change in the company’s shareholder structure.

For further insights into AU:SRX stock, check out TipRanks’ Stock Analysis page.

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