Cannindah Director Buys Up Company Shares

Cannindah Resources Limited (AU:CAE) has released an update.

Cannindah Resources Limited has reported that its Managing Director, Thomas Pickett, has reinforced his confidence in the company by purchasing an additional 100,000 shares through an on-market transaction. This acquisition has increased Pickett’s indirect holdings in the company to 27,349,947 ordinary shares, with the transaction valued at $5,894. The investment indicates a positive signal to the market regarding the leadership’s belief in Cannindah’s potential.

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