Cullen Resources Limited (AU:CUL) has released an update.
John Horsburgh, a director of Cullen Resources Limited, has reported a significant change in his shareholdings, acquiring 6,911,456 additional shares at a value of $41,469, bringing his total to 28,371,053 fully paid ordinary shares, alongside 3,000,000 unlisted options. The shares were issued as part of a non-renounceable rights issue, and the transactions were not conducted during a closed period requiring prior clearance.
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