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Wolf Minerals issues shares to non-executive directors

Published: 20:05 27 Dec 2017 AEDT

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The shares were issued as part payment of directors' fees

Wolf Minerals (LON:WLFE) (ASX:WLF) has issued shares to its non-executive directors as part of their fees for the fourth quarter of 2017.

In a statement it said a total of 567,567 shares were issued at a price of A$0.0740 (equivalent to approximately 4p) per share.

John Hopkins was issued 162,162 shares, taking his holdings to 1,543,350 shares or 0.14% of the company while Ronnie Beevor was issued 81,081 shares, taking his holdings to 954,678 shares or 0.09%, Don Newport received 81,081 shares, taking his holdings to 604,678 shares or 0.06% and Nicholas Clarke was issued 81,081 shares, taking his holdings to 604,678 shares or 0.06%.

A further 81,081 shares each were issued to Resource Capital Funds Management Pty Ltd and TTI (NZ) Limited as of part the directors fees due to their respective board representatives, Chris Corbett and Michael Wolley.

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