Rusina Mining
Rusina Mining N.L. is an active mining exploration company that is focused on the emerging Philippine mining sector. The Company has defined a JORC compliant resource estimate for nickel laterites at its Acoje tenement on the island of Luzon and will commence mining operations in the second half of 2007. The Acoje property also hosts chromite, nickel sulphides and platinum group metals. Rusina is listed on the Australian Stock Exchange, code RML and the London Stock Exchange (AIM) code RMLA.
Rusina Mining CEO exercises 3 million options at 16 cents per share
Rusina Mining (ASX:RML, AIM:RMLA), the nickel laterite producer based in the Philippines, announced today that CEO Robert Gregory has exercised 3 million options with a strike price of A$0.164 cents.
Following the transaction, Mr. Gregory holds 3.215 million shares, or 1.33% of the company. This is the third transaction completed by Rusina’s CEO in the past few weeks.
Other Rusina Mining articles
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03/02/10 Rusina Mining to merge with European Nickel PLC
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18/09/09 Rusina Mining receives strong investment from UK institutions, raises A$5.75m
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03/07/09 Rusina Mining progressing heap leach trial, aims to reduce capital and cash costs at Acoje
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19/12/08 Better news for Rusina Mining at Acoje
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04/11/08 Rusina has nice plump cushion to fall back on until cashflow resumes
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07/08/08 Rusina Mining is cashed up and knuckling down
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27/05/08 Rusina Mining: cashflow now, cash cow tomorrow?
Other Rusina Mining news
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16/03/10 Rusina Mining boosts cash balance in H1 2009 with fundraising
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02/03/10 European Nickel and Rusina merger satisfies due diligence, deal expected to complete in May
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02/03/10 European Nickel and Rusina Mining complete due diligence on merger
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30/01/10 Rusina Mining has A$4.95 mln in cash as at Dec 31 2009
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13/01/10 Rusina Mining in discussions to resume shipments of nickel laterite from Philippines
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11/12/09 Rusina Mining and European Nickel open Acoje heap-leach trial pad and pilot plant in the Philippines
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25/09/09 Rusina Mining ticks another box at Acoje
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03/08/09 Rusina Mining says heap leach trial complete at Acoje nickel project, Philippines
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27/04/09 Rusina Mining has enough cash until late 2010
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14/03/09 Rusina Mining says continued to make progress in first half
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