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.