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Bryah Resources board members acquire shares

The board members acquired the shares via the recent share placement that raised $2.0 million.

Bryah Resources Ltd - Bryah Resources board members acquire shares
By purchasing shares the board are further aligning their interested with shareholders

Bryah Resources Ltd (ASX:BYH) has had three of its four board members acquire shares in the company.

Managing director Neil Marston, non-executive director Leslie Ingraham, and non-executive chairman Ian Stuart have all purchased shares in the recent share placement.

All three board members acquired around 833,333 shares each for a cost of $50,000.

Marston increased his total holding to 5.28 million shares, Ingraham increased his total holding to 6.133 million shares, and Stuart increased his total holding to 908,333 shares.

Bryah raised $2 million in the share placement to fund gold and copper drilling at its Bryah Basin prospects as well as the Gabinintha Project in central Western Australia.

Proactive caught up with the company last week for an update.

Quick facts: Bryah Resources Ltd

Price: 0.052 AUD

ASX:BYH
Market: ASX
Market Cap: $4.25 m
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Bryah Resources completes $2 million capital raising

Bryah Resources Ltd (ASX:BYH) managing director Neil Marston updates Proactive on the completion of a $2 million capital raising with Hartley’s Limited as lead manager. The placement has been strongly supported by new investors as well as from a number of existing shareholders. The funding...

1 week, 3 days ago

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