Calidus Director Ups Stake with Share Acquisition

Calidus Resources Ltd. (AU:CAI) has released an update.

Calidus Resources Ltd has announced a change in director David Reeves’ interests, reporting an acquisition of shares and options through indirect interests such as family trusts and investment companies. Reeves’ notable transactions included the acquisition of 869,564 shares and 3,000,000 performance rights, with the post-transaction holdings including over 20 million ordinary shares and various executive options and listed options. This change, detailed in a recent director’s interest notice, reflects increased confidence from the director in the company’s outlook.

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