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Emmerson Resources Ltd

Emmerson Resources substantial shareholder increases interest through on-market purchases

More than 5.3 million shares have been acquired in transactions since March 26, 2018.

Australian currency
Noontide Investments Ltd now holds 14.8% of the gold-copper focused explorer

Emmerson Resources Limited (ASX:ERM) substantial shareholder Noontide Investments Ltd has increased its holding to 14.8% from 13.5% through a series of on-market transactions.

Noontide has acquired more than 5.3 million shares in transactions valued at almost $463,000 since March 26, 2018.

More than 60 million shares held

Along with its entities, Noontide now holds more than 60 million Emmerson shares.

Noontide Investments Ltd holds around 51.74 million shares, Noontide Capital Pty Ltd holds more than 6.6 million and Noontide Nominees Pty Ltd holds 1.75 million.

Emmerson shares are trading at around 8 cents.

Quick facts: Emmerson Resources Ltd

Price: $0.13

Market: ASX
Market Cap: $55.23 m
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