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Golden Dragon Mining Director Increases Indirect Shareholding

Story Highlights
  • Golden Dragon Mining’s director Rhod Grivas disclosed an on-market increase in his indirect shareholding through Goodheart Pty Ltd.
  • Grivas bought 73,000 shares at $0.18, raising his indirect stake to 206,333 shares while leaving his option positions unchanged.
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Golden Dragon Mining Director Increases Indirect Shareholding

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Golden Dragon Mining Ltd ( (AU:GDR) ) has shared an update.

Golden Dragon Mining Ltd has disclosed a change in director Rhod Grivas’s indirect holdings, filed in accordance with ASX listing rules. The company reported that Grivas holds his indirect interests through Goodheart Pty Ltd, underscoring ongoing transparency around board members’ equity positions.

Grivas purchased 73,000 ordinary shares on market at $0.18 per share, increasing his indirect stake from 133,333 to 206,333 ordinary shares, while his option holdings remained unchanged. The move modestly lifts director alignment with shareholders and may be viewed by the market as a signal of confidence in Golden Dragon Mining’s prospects.

More about Golden Dragon Mining Ltd

Golden Dragon Mining Ltd operates in the mining sector, focusing on the exploration and development of mineral resource projects. The company is listed on the ASX and its securities include ordinary shares and options, indicating an early-stage or growth-focused resource company capitalizing on equity markets for project funding.

Average Trading Volume: 127,965

See more data about GDR stock on TipRanks’ Stock Analysis page.

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