logo-loader

Ausmex Mining board members acquire company stock

Published: 08:53 28 Jan 2020 AEDT

Ausmex Mining Group Ltd - Ausmex Mining board members acquire company stock
Shareholder approval was recently received allowing the board to participate in the placement

Ausmex Mining Group Ltd (ASX:AMG) shareholders recently voted to approve the participation of board members in its recent share placement priced at 8.5 cents.

Managing director Matt Morgan purchased $30,000 worth of shares and directors Geoff Kidd and Dr Andrew Firek both purchased $15,000 worth of shares each.

Ausmex recommences drilling at Princess Royal

Most recently, Ausmex recommenced drilling at the Princess Royal Prospect within the Burra Project in South Australia after pausing for the holiday break.

The 3,000-metre reverse circulation (RC) drill program is targeting the Princess Royal and Mullaby prospects testing recently identified priority conductor targets.

A deep hole targeting a conductive response beneath the oxide copper mineralization is the initial focus.

Poseidon Nickel signs binding agreement with Mineral Resources to divest...

Departing Poseidon Nickel Ltd (ASX:POS, OTC:PSDNF) CEO Craig Jones and incoming CEO Brendan Shalders join Proactive’s Jonathan Jackson to discuss the divestment of Lake Johnston to Mineral Resources Ltd (ASX:MIN). Jones, who has played a pivotal role in this strategic move, shared insights on...

5 hours, 25 minutes ago