tiprankstipranks
Arrow Minerals Director Bolsters Stake
Company Announcements

Arrow Minerals Director Bolsters Stake

Arrow Minerals Limited (AU:AMD) has released an update.

Arrow Minerals Limited has announced a significant change in the holdings of Director Alwyn Petrus Vorster, who has acquired 20 million additional ordinary shares at $0.005 each, under the Tranche 2 Placement approved by shareholders. This acquisition has increased Vorster’s indirect holdings in the company, through Vorster Super Pty Ltd, to 120 million ordinary shares, while maintaining his direct holdings at over 9 million shares. The adjustment in Director Vorster’s interest reflects continued confidence in the firm’s prospects.

For further insights into AU:AMD stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!