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Rusina Mining's Chairman adds to equity stake

Gordon Getley, Chairman of Australian based nickel laterite producer with operations in Indonesia, announced that he had increased his interest in the Company.

Mr. Getley picked up 97,700 shares at a price of A$0.74 per share for a total consideration of A$7,226, and now holds approximately 1.24 million shares, or 0.51% of the Company.

Rusina's Chief Executive Officer, Robert Gregory also recently made multiple share purchases in the market.

Shares in Rusina Mining have slumped in recent months on the weakening nickel price and concerns about demand for unprocessed nickel laterite ore in Asia.