S3 Consortium Acquires Substantial Stake in Lightning Minerals

Lightning Minerals Ltd. (AU:L1M) has released an update.

Lightning Minerals Ltd has announced that S3 Consortium Pty Ltd has become a substantial holder with a 6.4% stake, consisting of 6,360,712 ordinary shares. The S3 Consortium Group Entities, including Global Consortium Holdings Pty Ltd and Okawari Consortium Pty Ltd, have acquired shares through various forms of consideration, including cash, share placements, and service fees. These transactions, effective as of June 17, 2024, are part of strategic financial movements within the company.

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