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Major shareholder Ms. Burke increases stake in Altura Energy to nearly 8%

Market News
08 May 2026
Newsfile Corp
Neutral
pluang ai news

Ms. Burke, a major shareholder of Altura Energy Corp., has increased her ownership by acquiring 50,000 additional common shares at an average price of $0.30 each. This raises her total control to 7.87% of the company's outstanding shares on an undiluted basis, and 8.12% on a partially diluted basis if warrants are exercised. Previously, she held 7.80% undiluted. The acquisition was for investment purposes, with no current plans for further purchases. This update follows regulatory requirements and reflects changes after a recent private placement that reduced her stake below 10%.

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