GCX Metals Limited (AU:GCX) has released an update.
Ian Middlemas, a director of Terra Metals Limited, has significantly increased his stake in the company by acquiring 3,320,000 ordinary shares for a total consideration of $116,200, resulting in a new holding of 10,000,000 ordinary shares and 280,000 listed options. The transaction, which took place on April 18, 2024, was part of a share placement approved by shareholders. This financial move indicates a bolstered commitment by Middlemas to the company’s future, potentially signaling confidence to investors.
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