Dahrouge and Denniss entities take major stakes in Lux Copper
What's the deal? Two new substantial holders have emerged on the register of Lux Copper CorpDealroom has a profile for this one. Try Dealroom → Ltd, days after its ASX debut. Jody Dahrouge and DG Resource Management Ltd acquired a 12.05% voting stake (14,565,388 ordinary shares), while entities controlled by Tobias Denniss took a 12.60% stake (15,236,706 shares).
How is it structured? On the Dahrouge side, DG Resource Management holds 14,165,388 shares and Dahrouge a further 400,000 directly. Denniss acted through two vehicles, Hale Court Holdings Pty Ltd and Evans Leap Holdings Pty Ltd. Both parties filed substantial holder notices under section 671B of the Corporations Act 2001, crossing the threshold on 17 July 2026.
Why does it matter? Two blocks of this size reshape the shareholder register of the newly listed copper explorer and hand the incoming holders a meaningful voice as Lux Copper advances its Ambler district exploration plans in Alaska. Concentrated stakes in early-stage copper names reflect investor appetite for the metal underpinning electrification and grid infrastructure.
Read more: Kalkine Media
Image credit: benketaro
