Cannindah Resources Limited (AU:CAE) has released an update.
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Cannindah Resources Limited has reported that its Managing Director, Thomas Pickett, has reinforced his confidence in the company by purchasing an additional 100,000 shares through an on-market transaction. This acquisition has increased Pickett’s indirect holdings in the company to 27,349,947 ordinary shares, with the transaction valued at $5,894. The investment indicates a positive signal to the market regarding the leadership’s belief in Cannindah’s potential.
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