REG - Sovereign Metals Ltd - Holding(s) in Company

Sovereign MetalsAnnouncement

07/04/2025 07:00

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RNS Number : 8877D  Sovereign Metals Limited  07 April 2025

NEWS RELEASE I 7 April 2025

 

Change in Substantial Holding

 

Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the
Company) advises that it was notified via the filing of a Form 604 with the
Australian Securities Exchange (ASX) that Rio Tinto Mining and Exploration
Limited (Rio Tinto) provided a notice of change of interests of substantial
holder (as defined by the Corporations Act 2001) of the Company as of 2 April
2025, having decreased its voting power in the Company from 19.9% to 18.45%
following dilution of its existing holding following the completion of the
placement announced on 26 March 2025.

The Form 604 can be viewed in full via the below link:

https://api.investi.com.au/api/announcements/svm/66416f61-15d.pdf
(https://api.investi.com.au/api/announcements/svm/66416f61-15d.pdf)

 Enquiries
 Frank Eagar, Managing Director & CEO

 South Africa / Malawi

 +27 21 140 3190

 Sapan Ghai, CCO

 London

 +44 207 478 3900

 

 Nominated Adviser on AIM and Joint Broker     
 SP Angel Corporate Finance LLP               +44 20 3470 0470
 Ewan Leggat

 Charlie Bouverat
                                               
 Joint Broker                                  
 Stifel                                       +44 20 7710 7600
 Varun Talwar
 Ashton Clanfield

 Buchanan                                     + 44 20 7466 5000

 

Forward Looking Statements

This release may include forward-looking statements, which may be identified
by words such as "expects", "anticipates", "believes", "projects", "plans",
and similar expressions. These forward-looking statements are based on
Sovereign's expectations and beliefs concerning future events. Forward looking
statements are necessarily subject to risks, uncertainties and other factors,
many of which are outside the control of Sovereign, which could cause actual
results to differ materially from such statements. There can be no assurance
that forward-looking statements will prove to be correct. Sovereign makes no
undertaking to subsequently update or revise the forward-looking statements
made in this release, to reflect the circumstances or events after the date of
that release.

 

 

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