Reward Minerals Limited (AU:RWD) has released an update.
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Reward Minerals Ltd has announced a significant increase in the holdings of its director, Michael Ruane, who acquired 10 million additional shares and 5 million unlisted options in a transaction valued at $600,000. This move is part of a Tranche 2 Placement, approved by shareholders, enhancing Ruane’s investment in the company. Investors may view this as a signal of confidence in Reward Minerals’ future prospects.
For further insights into AU:RWD stock, check out TipRanks’ Stock Analysis page.