Blackstone’s Voting Power in Corazon Mining Diminishes

Corazon Mining Limited (AU:CZN) has released an update.

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Blackstone Minerals Limited has experienced a reduction in its voting power in Corazon Mining Limited, from 13.28% to 8.73%, due to the issuance of new shares by Corazon. Despite this dilution, Blackstone maintains its substantial holding of 102,033,556 ordinary shares. Investors may find these changes significant as they influence the control dynamics within Corazon Mining.

For further insights into AU:CZN stock, check out TipRanks’ Stock Analysis page.

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