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Native Mineral Resources Holdings Ltd. ( (AU:NMR) ) has issued an update.
Native Mineral Resources Holdings Limited has experienced a change in the interests of its substantial holder, W and E Maas Holdings Pty Ltd. The company’s voting power increased from 13.71% to 19.25% due to the final installment of the Maas Placement, which involved the acquisition of 56,666,700 shares at $0.04 per share. This change in shareholding could potentially impact the company’s operations and influence its strategic decisions, reflecting a stronger position for W and E Maas Holdings Pty Ltd within the company.
More about Native Mineral Resources Holdings Ltd.
YTD Price Performance: 287.50%
Average Trading Volume: 2,208,590
Technical Sentiment Signal: Sell
Current Market Cap: A$136.9M
Learn more about NMR stock on TipRanks’ Stock Analysis page.