Ausgold Says JPMorgan Chase Ceases to be a Substantial Shareholder; Shares Fall 5%

MT Newswires Live

03/18

Ausgold (ASX:AUC) received notice that JPMorgan Chase and its affiliates are no longer substantial holders of the company from March 13, according to a Wednesday filing with the Australian bourse.

JPMorgan Chase and its affiliates became a substantial holder of the company on March 10, with a 7.01% total voting power, an earlier filing showed.

The company's shares fell nearly 5% in recent Wednesday trade.

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