BCI Minerals Ltd (AU:BCI) has released an update.
BCI Minerals Limited director David Boshoff has recently altered his stake in the company, converting 1,100,948 Share Rights from 2023 into the same number of Fully Paid Ordinary Shares, with no cash consideration involved. The estimated valuation for the Share Rights was $0.2517 each, according to the company’s Annual General Meeting notice. Post-conversion, Boshoff indirectly holds over 3.7 million Performance Rights for 2023, nearly 2 million for 2022, and now 1,260,948 Fully Paid Ordinary Shares.
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