Orange Minerals NL (AU:OMX) has released an update.
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Orange Minerals NL director Chris Michael has significantly increased his indirect stake by acquiring over 1.6 million shares, bringing his total holdings to over 2.6 million shares. This acquisition, valued at $40,000, was made through participation in a Share Purchase Plan approved at the 2024 Annual General Meeting. Investors may see this as a positive sign of the director’s confidence in the company’s future prospects.
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