Dalaroo Metals Ltd. (AU:DAL) has released an update.
In a significant financial move, Dalaroo Metals Ltd. director Bilal Ahmad has acquired a substantial interest in the company, obtaining 12.5 million fully paid ordinary shares and the same number of options exercisable at $0.036 each, along with 4 million Class 4 Performance Rights. The total consideration for this transaction was $200,000, with the changes approved in a general meeting on August 19, 2024, and reported to the ASX as required by listing rules. This strategic acquisition has been executed as part of a Placement Shares, Placement Options, and Performance Rights issue, marking a notable change in the director’s stake in the firm.
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