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Ironbark Zinc Ltd

Ironbark Zinc's recently appointed board member buys $113,000 of stock

The purchaser, Danny Segman, is a substantial shareholder in the company.

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He purchased the shares through on-market trades

Ironbark Zinc Ltd's (ASX:IBG) recently appointed non-executive director Danny Segman has purchased $113,136 worth of company shares.

The 7 million share purchase increases his overall direct and indirect holding in the company to 104.75 million shares.

READ: Ironbark Zinc raising up to $1.5 million as it advances Citronen base metal project in Greenland

Ironbark is progressing through the financing stage for its Citronen Base Metals Project in Greenland.

Citronen hosts one of the largest zinc resources in the world and remains open-ended to further mineralisation.

The company is working with several groups interested in forming part of the financing package with the possibility of additional streaming financing.

Quick facts: Ironbark Zinc Ltd

Price: $0.02

Market: ASX
Market Cap: $16.91 m
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Ironbark Zinc demonstrates 'proof of concept that derisks the project in a...

Jonathan Downes, managing director of Ironbark Zinc Ltd (ASX:IBG), speaks to Proactive Investors about development of the Citronen Zinc-Lead Project in northern Greenland, as the emerging producer announces hitting the milestone of demonstrating shipping access. A mining services...

on 3/9/18

2 min read