M&A / Property

Central Iron Ore investor Gullewa acquires 2.8M shares

By The Northwire Desk — AI Analysis Nov 10, 2025 · 22:06 CIO · 0.08 Central Iron Ore Limited

CIO · Price

Gullewa Limited filed an early warning report disclosing the acquisition of 2,802,954 ordinary shares of Central Iron Ore Ltd. via its subsidiary Brooklyn Bay Pty. Ltd.
Post‑acquisition, Gullewa and its joint actors now control approximately 60.02 % of Central Iron Ore’s issued and outstanding shares on an undiluted basis (≈63.80 % partially diluted).
The filing signals a material increase in ownership stake, potentially influencing future corporate actions at Central Iron Ore Ltd.

Acquisition amount: 2,802,954 ordinary shares of Central Iron Ore Ltd., exercised via share purchase warrants.
Pre‑acquisition holdings (including joint actors): 21,299,000 shares and 6,994,000 warrants, representing ~57.02 % undiluted / ~63.80 % partially diluted ownership.
Post‑acquisition holdings (including joint actors): 24,101,954 shares and 4,191,046 warrants, representing ~60.02 % undiluted / ~63.80 % partially diluted ownership.
Acquisition executed through Gullewa’s wholly owned subsidiary Brooklyn Bay Pty. Ltd.
The filing is available on SEDAR+; contact David Deitz ([email protected]) for further information.

(No direct quotes provided in the release.)

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