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Bastion Minerals Director Increases Stake with New Share Issue

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Bastion Minerals Director Increases Stake with New Share Issue

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Bastion Minerals Ltd ( (AU:BMO) ) has shared an announcement.

Bastion Minerals Limited has announced a significant change in the shareholding of its director, Gavin Rutherford. The company issued additional shares to Rutherford as part of a placement and conversion of a convertible note, which was approved by shareholders at the Annual General Meeting. This change increases Rutherford’s total holdings to 228,219,281 fully paid ordinary shares, reflecting a strategic move to strengthen his stake in the company.

More about Bastion Minerals Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$2.37M

See more insights into BMO stock on TipRanks’ Stock Analysis page.

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