Culpeo Minerals Receives Initial Substantial Holder Notice from WACC Pty Ltd with 5.007% Stake

Mukul

06 November 2026 07:45 PM AEDT

Culpeo Minerals Receives Initial Substantial Holder Notice from WACC Pty Ltd with 5.007% Stake

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 been notified that WACC Pty Ltd ATF Flagship Fund became an initial substantial holder in the company on 27 May 2026, holding a relevant interest in 39,723,565 ordinary shares, representing 5.007% of voting power, according to a Form 603 filing submitted to the exchange.

Key Points

WACC Pty Ltd ATF Flagship Fund became a substantial holder in Culpeo Minerals on 27 May 2026, holding 39,723,565 ordinary shares at 5.007% voting power
51 Funds Management Pty Ltd (ACN 605 665 192) holds a relevant interest as investment manager with power to control voting and disposal of the securities
Securities are registered through Netwealth Investments Limited under a WRAP Services Account
Acquisitions occurred across multiple dates between 5 December 2025 and 27 May 2026, with cash consideration paid on each occasion

Substantial Holder Details and Voting Power

According to the filing, WACC Pty Ltd ATF Flagship Fund (ACN 626 888 944) became a substantial holder in Culpeo Minerals Limited (ACN 627 735 531) on 27 May 2026. The fund holds a relevant interest in 39,723,565 ordinary shares, carrying 39,723,565 votes and representing 5.007% of total voting power in the company. The nature of the relevant interest is described as beneficial ownership as trustee of the Flagship Fund under section 608(1) of the Corporations Act 2001. The form was signed by Scott Williams in the capacity of Director on 14 October 2026.

Role of 51 Funds Management as Investment Manager

51 Funds Management Pty Ltd (ACN 605 665 192) is identified as holding a relevant interest in the same 39,723,565 ordinary shares in its capacity as investment manager of the Flagship Fund. The filing states that 51 Funds Management holds the relevant interest through its power to control voting and disposal of the securities, pursuant to sections 608(1)(b) and (c) of the Corporations Act 2001. The filing further notes that 51 Funds Management acts on behalf of WACC Pty Ltd ATF Flagship Fund in relation to the securities under section 12(2)(b) of the Corporations Act. Both entities share the same registered address at Unit 105, 28 Station Street, Cottesloe WA 6011.

Acquisition Dates and Cash Consideration Paid

The filing discloses that shares were acquired across seven separate transactions. These include 14,413,658 ordinary shares acquired on 5 December 2025 for cash consideration of $158,570; 15,786,342 shares on 4 February 2026 for $173,670; 5,076,113 shares on 21 May 2026 for $55,960; 677,288 shares on 22 May 2026 for $7,467; 68,000 shares on 25 May 2026 for $750; 183,702 shares on 26 May 2026 for $2,025; and 3,518,462 shares on 27 May 2026 for $38,788. All consideration disclosed was cash. The registered holder of the securities across all transactions is Netwealth Investments Limited under its WRAP Services Account.

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.