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Why Is Patronus Buying Back Nearly 10% of Its Shares from St Barbara?

9:12am on Friday 6th of June, 2025 AEST Mining
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Why Is Patronus Buying Back Nearly 10% of Its Shares from St Barbara?

9:12am on Friday 6th of June, 2025 AEST
Key Points
  • Selective buyback of 158 million Patronus shares (9.66%) from St Barbara
  • Exchange involves transferring 458 million Geopacific Resources shares to St Barbara
  • Transaction removes a major overhang from Patronus’ share register
  • Shareholder approval required at upcoming general meeting
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