Global Oil & Gas Director’s Stake Boosted

Global Oil & Gas Limited (AU:GLV) has released an update.

In a significant update to its director’s financial interests, Global Oil & Gas Limited has reported that Director Matthew Ireland has acquired 666,667 shares and 166,667 options, along with 7,000,000 class A and B performance rights. These changes, which are part of a placement and grant approved at a General Meeting, have altered Ireland’s stake in the company following the recent transaction dated April 15, 2024. The acquisition was made at notably low prices, with shares at $0.015 each and options valued at $0.02.

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