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Aguia Resources Limited ( (AU:AGR) ) just unveiled an announcement.
Aguia Resources Limited has disclosed a change in the interests of director Warwick Grigor, who holds his stake indirectly through Far East Capital Pty Ltd and Gregorach Pty Limited, entities where he serves as a director. Following participation in a recently approved share placement, Grigor’s indirect holdings increased by a combined 2,416,667 fully paid ordinary shares, with part of the consideration involving non-cash payment in lieu of private placement fees, lifting Far East Capital’s holding to 65,209,568 shares and Gregorach’s to 2,874,404. The transaction, approved by shareholders at the company’s November AGM, reflects director participation in capital-raising activities and aligns the director’s interests more closely with those of other shareholders.
More about Aguia Resources Limited
Aguia Resources Limited is an Australian-listed company operating in the resources sector. It is involved in mineral exploration and development, with its securities traded on the ASX under standard listing and disclosure requirements for mining and exploration companies.
Average Trading Volume: 2,397,959
Technical Sentiment Signal: Sell
Current Market Cap: A$33.06M
For an in-depth examination of AGR stock, go to TipRanks’ Overview page.