Fe Limited's (ASX:FEL) non-executive chairman, Tony Sage, continues to snap up shares in the company through on-market purchases.
The company is in the process of acquiring an equity interest in the copper-cobalt project from Cape Lambert Resources Ltd (ASX:CFE).
Sage bagged another 459,311 shares in Fe for a consideration of A$13,169. This followed a purchase of 1 million shares last week.
READ: Fe Limited commences exploration work at copper-cobalt project
Sage's stake in Fe has now increased to circa 3.9 million shares.
Fe's portfolio
The Kasombo project is located amongst some of the world’s largest and highest grade copper and cobalt mines.
The company also has a number of free-carried interests in projects located within the Bryah Basin region of Western Australia.