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Gullewa has announced the filing of an early warning report regarding its acquisition of 2,437,000 ordinary shares of Central Iron Ore (CIORF) through its wholly-owned subsidiary Brooklyn Bay The acquisition was completed through the exercise of share purchase warrants.
Prior to the acquisition, Gullewa and Joint Actors owned 18,862,000 shares and 9,431,000 warrants, representing approximately 54.02% ownership (undiluted) and 63.80% (partially diluted). Following the transaction, their holdings increased to 21,299,000 shares and 6,994,000 warrants, representing approximately 57.02% ownership (undiluted) while maintaining 63.80% on a partially diluted basis.
