The Bank of Nova Scotia Reduces Stake in Pacgold Limited

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2025.10.16 21:56
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The Bank of Nova Scotia has reduced its stake in Pacgold Limited, ceasing to be a substantial holder as of October 15, 2025, following the sale of 1,000,000 shares on the Australian Securities Exchange. This change may affect Pacgold's shareholder composition and market perception. Pacgold Limited focuses on gold resource exploration and development, targeting high-grade deposits, with a current market cap of A$18.21M and an average trading volume of 1,144,501 shares.