Ausgold Director’s Major Stake Increase

Ausgold Limited (AU:AUC) has released an update.

Ausgold Limited reports a significant change in Director John Andrew Dorward’s interests, with an acquisition of over 33 million shares and 30 million performance rights, following a company general meeting. With this change, Dorward now indirectly holds a substantial number of shares and options through multiple trusts and companies. This move reflects a considerable investment by Dorward in Ausgold, signaling potential confidence in the company’s future.

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