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Sovereign Metals Limited announced on 13 March 2025 that it was notified by Sprott Inc. and its controlled bodies (Sprott), via an ASX Form 604 filing, of a change in substantial shareholding. As of 6 March 2025, Sprott increased its holding in Sovereign Metals Limited from 40,033,294 ordinary shares (6.70%) to 46,266,677 ordinary shares (7.71%) through on-market trades conducted between 6 September 2024 and 6 March 2025.
| Date | 13 Mar 2025 |
| Time | 07:00:17 |
| Category | Holding(s) in company |
| ID | 4990A |
NEWS RELEASE I 13 MARCH 2025
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 6 March 2025, having increased its shareholding in the Company from 40,033,294 ordinary shares, representing 6.70% of the Company's issued share capital, to 46,266,677 ordinary shares, representing 7.71% of the Company's issued share capital, via on market trades between 6 September 2024 - 6 March 2025.
The Form 604 can be viewed in full via the below link.
https://api.investi.com.au/api/announcements/svm/49ae30cc-639.pdf
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