Los Cerros (AU:LCL) has released an update.
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Kevin Wilson, a director at LCL Resources Limited, has increased his indirect stake in the company by acquiring over 2.2 million ordinary shares. This acquisition was in lieu of director fees, reflecting shareholder-approved compensation adjustments. Investors may find this move indicative of Wilson’s confidence in the company’s future prospects.
For further insights into AU:LCL stock, check out TipRanks’ Stock Analysis page.