logo-loader

White Cliff Minerals’ substantial shareholder acquires further shares

Published: 19:31 22 Jun 2014 EDT

white_cliff_minerals_chanach_project_location_358_53a8b985332cc

White Cliff Minerals (ASX:WCN) substantial shareholder Andy Igo has further increased his shareholding in the company to 10.02%.

He had acquired 10 million shares on 18 June in an on market purchase for a cost of $107,258.85, or an average price of $0.0107 per share, bringing his total holding to 45 million shares.

Igo had earlier this month acquired an initial substantial shareholding of 30 million shares before buying a further five million shares.

The company has recently started an exploration program targeting high grade copper and gold zones at the Chanach project in Kyrgyz Republic.

It has also started a much anticipated reverse circulation drilling program testing four high priority nickel sulphide targets at its Lake Johnston project in Western Australia.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

Ramp Metals Launches Drilling Program in Pursuit of High-Grade Nickel in...

Ramp Metals CEO Jordan Black joined Steve Darling from Proactive to introduce the company to the public domain and share exciting developments in the mining industry. With a background as a geotechnical engineer and experience in venture capital, including a notable role in taking GoldSpot...

33 minutes ago