Ceasing to be a Substantial Holder

Sovereign Metals

26/03/2026 07:00

RNS Number : 2428Y

Sovereign Metals Limited

26 March 2026

 

 

NEWS RELEASE I 26 MARCH 2026

 

Ceasing to be a Substantial Holder

 

Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX: SVMLF) (Sovereign or the Company) advises that it was notified today, via the filing of a Form 605 with the Australian Securities Exchange (ASX), that Sprott Inc. and each of its controlled bodies (Sprott) have ceased to be a substantial holder (as defined by the Corporations Act 2001) of the Company as of 12 March 2026.

Sprott's holding in the Company has decreased from 36,482,348 ordinary shares, representing 5.639% of the Company's issued share capital, to 31,836,714 ordinary shares, representing 4.921% of the Company's issued share capital, following on market trades undertaken between 14 October 2025 and 12 March 2026.

The Form 605 can be viewed in full via the link below:

https://api.investi.com.au/api/announcements/svm/8e8bdaeb-175.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


 

 

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