Perseus Mining increases stake in predictive discovery to 19.9%

Sep 06, 2024

Perseus Mining Limited (ASX: PRU) has increased its stake in Predictive Discovery Limited to 19.9%. This acquisition was funded by proceeds from the unwinding of a previously announced cash-settled equity swap position in Predictive. Further details regarding Perseus's interest in Predictive will be disclosed in a Form 604 Notice of Change of Substantial Interest, which will be released on the ASX platform.

Perseus has stated that, barring any significant changes in Predictive's shareholding or control proposals, it does not currently intend to acquire control or make a takeover offer for Predictive. This strategic investment reflects Perseus's commitment to enhancing its portfolio in the mining sector.

 

 

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