Proactive Investors - Run By Investors For Investors

Blackstone Minerals managing director buys shares

Notably, the shares were purchased at a premium to the recent placement price.
man with suit case running up an arrow line
In December, a new German substantial shareholder emerged

Blackstone Minerals Ltd’s (ASX:BSX) managing director Scott Williamson has acquired 186,434 shares valued at over $20,000.

Williamson purchased the shares through on-market trades at a price of 11 cents per share.

This increases his shareholding in the company to 286,434 shares.

READ: Blackstone Minerals raises $1.2 million for further exploration in Canada and Western Australia

Blackstone's primary focus is on cobalt in British Columbia, Canada, enhanced by copper, gold and nickel.

In mid-December 2018, Blackstone raised $1.2 million through a share placement of 12 million shares priced at 10 cents.

Funds will be used to further exploration at the BC Cobalt-Gold Project in Canada and the Silver Swan South Nickel-Gold Project in Western Australia.

READ: Blackstone Minerals attracts new German substantial shareholder with a 10.18% interest

In November 2018, Williamson spoke to Proactive Investors about Blackstone's Canada and Australian projects.

View full BSX profile View Profile

Blackstone Minerals Ltd Timeline

Related Articles

A Western Australian map
March 15 2019
Its new CEO has brought new vigour to the company with cash for a buy-up.
1539089213_Brazil-flag-shutterstock_295534262.jpg
October 10 2018
The venture will evaluate potential acquisitions of deposits not limited to manganese but for vanadium and other strategic minerals
1528891944_Berkwood-Resources---drill-core.jpg
June 13 2018
Lac Guéret Extensions is adjacent to one of the highest grade graphite projects in the world

© Proactive Investors 2019

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

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use