Buxton Resources Says IGO Stake Falls After Dilution

MT Newswires Live

04/14

Buxton Resources (ASX:BUX) said that IGO (ASX:IGO) and its affiliates' holding in the company has decreased to 9.67% from 12.1% following dilution from an unconditional placement and the issue of ordinary shares to service providers in place of cash, according to a Tuesday filing with the Australian bourse.

IGO owns 41.4 million shares in the company out of 428.6 million shares in issue, the filing said.

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