The company is in the process of acquiring the Juruena and Novo Astro Gold Projects in Brazil.
() managing director Dr Andrew Tunks has purchased 625,000 shares in the company.
The share purchase came as a result of participation in the recent share purchase plan (SPP) offering shares priced at 1 cent each and increases Dr Tunks’ holding to 903,000 shares.
On 16 April 2019, Meteoric closed its SPP oversubscribed with applications to subscribe for $1.76 million worth of shares.
The company recently executed a share sale agreement for the acquisition of the Jurena and Novo Astro gold projects in Brazil from ().
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