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Ironbark Zinc’s Danny Segman continues to buy stock on-market

Recently, Ironbark engaged a mining consultant to consider a high-grade smaller starter mine at its Citronen Base Metals Project in Greenland.

shadows of people walking in front of digital stock board
Throughout July, Segman purchased company shares on multiple occasions

Ironbark Zinc Ltd’s (ASX:IBG) non-executive director and major shareholder Danny Segman has made yet another purchase of company shares through on-market trades.

A disclosure document lodged on the ASX this morning revealed Segman purchased 4 million shares for $60,330 in yesterday’s trading session.

This increases his overall holding in the company to 114.5 million shares.

Earlier this week, Segman and two fellow board members Peter Bennetto, Gary Comb took up their maximum subscription in the recent share purchase plan (SPP).

READ: Ironbark Zinc board members take max amount in SPP

Ironbark continues to progress development options for its flagship Citronen Base Metals Project in Greenland.

The company recently commenced a study evaluating a less capital intensive, high-grade starter mine operation targeting a 1 million tonnes per annum (Mtpa) production rate.

Quick facts: Ironbark Zinc Ltd

Price: 0.015 AUD

ASX:IBG
Market: ASX
Market Cap: $13.8 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