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.