Sign up Australia
Proactive Investors - Run By Investors For Investors

Intermin Resources director lifts stake through option exercise

Intermin Resources (ASX:IRC) executive director, Lorry Hughes, has increased his stake in the company through the exercise of listed in-the-money options.
Lorry Hughes, executive director, Intermin Resources
Lorry Hughes, executive director, Intermin Resources

Hughes exercised 562,085 $0.075 options (June 2017 expiry) for a consideration of circa $42,000.

Intermin shares last traded at $0.11.

Hughes now has a direct and indirect stake of over 2.5 million shares, along with several lines of listed and unlisted options.

Intermin has a number of quality gold assets in the world class gold mining region surrounding Kalgoorlie-Boulder in Western Australia.

The company’s flagship projects are the 100% owned Menzies and Teal projects which host significant mineralisation and have the potential to be mined via open cut and underground methods.

Register here to be notified of future IRC Company articles
View full IRC profile

Intermin Resources Timeline

Related Articles

February 14 2017
The final three months of the year continued a healthy revenue growth trend for the nascent food distribution business
December 16 2016
MGX Minerals Inc shares climbed by 2.4% to C$0.42 on Thursday after the company declared that its acquisition of 11 additional metallic and industrial minerals permits makes the company the largest lithium brine land holder in Canada
picture of uranium barrels
January 23 2017
A recent decision by Kazatomprom to curtail production from its Kazakh mines by 10% can spark a recovery

© Proactive Investors 2017

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.