Aeris Resources Ltd (ASX:AIS) has gained a new substantial shareholder in Tudor Court Limited.
The new holder has about 23.35 million shares for a 5.125% interest in the company.
Aeris recently completed the construction of a water pipeline on schedule and is now delivering water to its Tritton Copper Operations near the town of Nyngan in central New South Wales.
The 20-kilometre water pipeline has been commissioned with first water delivered from the Nyngan-Cobar pipeline to the Tritton holding dam.