Koba Resources Limited (AU:KOB) has released an update.
Ben Vallerine, a director at Koba Resources Limited, has significantly increased his indirect stake in the company, having acquired 437,500 shares at $0.08 each, pursuant to a shareholder-approved share placement. Post-acquisition, Vallerine holds a total of 554,903 shares, retaining his 4,000,000 unlisted performance rights and 2,000,000 options. The transaction, detailed in an ASX Change of Director’s Interest Notice, reflects a growing insider confidence in the firm’s prospects.
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