Resolute Mining Says Citigroup Becomes Substantial Holder; Shares Fall 5%

MT Newswires Live

06/19

Resolute Mining (ASX:RSG) received notice that Citigroup Global Markets Australia and its affiliated entities became a substantial holder of the company on Tuesday, according to a Friday filing with the Australian bourse.

Citigroup now owns 122.8 million shares in the company, representing a 5.74% total voting power, the filing said.

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

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