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DiscovEx Director’s Stake Increases Post-Offer

DiscovEx Director’s Stake Increases Post-Offer

DiscovEx Resources Limited (AU:DCX) has released an update.

DiscovEx Resources Limited has reported a change in Director Toby Wellman’s interest in the company, with an acquisition of 175,000 shares at $0.20 each and 2,750,000 Performance Rights following a General Meeting approval. Wellman now holds a total of 540,715 ordinary shares and 2,750,000 Performance Rights, which are escrowed for 24 months, in addition to 150,000 unlisted options. The transaction is part of the company’s Public Offer and aligns with the shareholders’ decision during the May 24, 2024 General Meeting.

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

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