Poly Legend, which is in petrochemicals and commodities trading, became a substantial shareholder of Interra Resources last April after it invested $2.8 million for a 9.53% stake via a placement.
A Hong Kong-based company that is a substantial shareholder of Interra Resources has trimmed its stake in the oil explorer and producer.
On Oct 26, Poly Legend International sold around 11.1 million shares for $572,022.20, which works out to around 5.2 cents each. It now owns 43.8 million shares or 6.68%, down from 8.37%.
