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NEWS RELEASE I 16 SEPTEMBER 2024
NOTICE OF CHANGE OF INTERESTS OF 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 604 with the Australian Securities Exchange (ASX) that Sprott Inc. and each of its controlled bodies (Sprott) provided a notice of change of interests of substantial holder (as defined by the Corporations Act 2001) of the Company as of 31 August 2024, having decreased its shareholding in the Company from 43,653,965 ordinary shares, representing 7.88% of the Company's issued share capital as at the date of its previous notice, to 40,033,294 ordinary shares, representing 6.70% of the Company's issued share capital, via on market purchases and disposals, and changes in account status or transfers - which occurred between 10 August 2023 - 31 August 2024.
The Form 604 can be viewed in full via the below link:
https://www.investi.com.au/api/announcements/svm/a4b96aa1-f70.pdf.
ENQUIRIES
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Dylan Browne +61(8) 9322 6322 |
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Nominated Adviser on AIM and Joint Broker |
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SP Angel Corporate Finance LLP |
+44 20 3470 0470 |
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Ewan Leggat Charlie Bouverat |
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Joint Brokers |
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Stifel |
+44 20 7710 7600 |
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Varun Talwar |
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Ashton Clanfield |
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Berenberg |
+44 20 3207 7800 |
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Matthew Armitt |
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Jennifer Lee |
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Buchanan |
+ 44 20 7466 5000 |
Sovereign Metals Limited announced on 16 September 2024 that it was notified via an ASX Form 604 filing regarding Sprott Inc.'s change of interests as a substantial holder. As of 31 August 2024, Sprott decreased its shareholding in Sovereign Metals Limited from 43,653,965 ordinary shares (7.88%) to 40,033,294 ordinary shares (6.70%), with these changes occurring between 10 August 2023 and 31 August 2024.
| Date | 16 Sept 2024 |
| Time | 07:00:09 |
| Category | Holding(s) in company |
| ID | 2979E |