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
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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