TSXV:AL - Post Discussion
Post by
benn10 on Jun 03, 2024 1:29am
Trinex Directors up stake!
Clean energy/critical minerals explorer Trinex Minerals (ASX:TX3), formerly known as Todd River Resources, has seen its leaders support a recent placement, announced in February, which raised $1.25m before costs to be used towards exploration at its Gibbons Creek Uranium Project in Canada’s Athabasca Basin.
Managing director William Dix ponied up directly and indirectly for an additional 5m ordinary shares at $0.005 each ($25k). He also got 60m performance rights as part of his remuneration package, considerably upping his stake in TX3, with the change taking place on May 24.
Non-executive director Stuart Crow acquired 10m shares directly and indirectly at $0.005 each ($50k) as part of the placement.
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