Culpeo Minerals Notified of WACC Pty Ltd Ceasing Substantial Holder Status After 21 October 2026 On-Market Sale

Mukul

06 November 2026 07:58 PM AEDT

Culpeo Minerals Notified of WACC Pty Ltd Ceasing Substantial Holder Status After 21 October 2026 On-Market Sale

Image Source: Krish Capital Pty Ltd

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Culpeo Minerals Limited (ASX:CPO) has received a Form 605 notice disclosing that WACC Pty Ltd ATF Flagship Fund, together with 51 Funds Management Pty Ltd, ceased to be a substantial holder in the company on 21 October 2026, following a series of on-market transactions in the company's ordinary shares.

Key Points

WACC Pty Ltd ATF Flagship Fund and 51 Funds Management Pty Ltd ceased to be a substantial holder in Culpeo Minerals on 21 October 2026.
The cessation followed an on-market sale of 273,161 ordinary shares on 21 October 2026 for consideration of $3,551.08.
A prior on-market sale of 126,839 ordinary shares occurred on 4 September 2026 for consideration of $2,790.46.
Three on-market purchases were recorded across 28 May, 29 May, and 1 June 2026, totalling 404,827 ordinary shares.
The previous substantial holding notice was dated 14 October 2026 and given to the company on 15 October 2026.

Cessation of Substantial Holding in Culpeo Minerals

According to the filing, WACC Pty Ltd ATF Flagship Fund and 51 Funds Management Pty Ltd ceased to be a substantial holder in Culpeo Minerals Limited (ACN 627 735 531) on 21 October 2026. The notice was signed by Scott Williams in his capacity as Director on 22 October 2026. The previous substantial holding notice was given to the company on 15 October 2026 and was dated 14 October 2026. Both entities share a registered address at Unit 105, 28 Station Street, Cottesloe WA 6011.

On-Market Purchases Between May and June 2026

The filing's Annexure A discloses three on-market purchases of Culpeo Minerals ordinary shares made by WACC Pty Ltd ATF Flagship Fund and 51 Funds Management Pty Ltd. On 28 May 2026, 176,706 ordinary shares were purchased for consideration of $1,943.74. On 29 May 2026, a further 172,890 ordinary shares were acquired for $1,901.77. On 1 June 2026, an additional 55,231 ordinary shares were purchased for $607.54. Each transaction affected a corresponding number of votes.

On-Market Sales Leading to Cessation of Substantial Holding

The filing discloses two on-market sales that followed the earlier purchases. On 4 September 2026, WACC Pty Ltd ATF Flagship Fund and 51 Funds Management Pty Ltd sold 126,839 ordinary shares for consideration of $2,790.46, affecting 126,839 votes. On 21 October 2026, a further 273,161 ordinary shares were sold for consideration of $3,551.08, affecting 273,161 votes. The 21 October 2026 sale is recorded as the date on which the entities ceased to be a substantial holder in Culpeo Minerals.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.