Three board members including the managing director have purchased shares in the company via the recent placement.
() 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.
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