Sunstone Metals Limited (AU:STM) has released an update.
Sunstone Metals Limited has announced a significant change in director Graham Ascough’s interest in the company, with the purchase of 2,727,272 shares at $0.011 each, increasing his total holding to 29,429,283 shares and maintaining 12,000,000 unquoted options. This move, part of a shareholder-approved placement, reflects a growing confidence by the director in the firm’s financial future. No sales of shares were reported, and the transaction did not occur during a closed period requiring prior clearance.
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