NickelX Director Ups Stake, Signaling Confidence
Company Announcements

NickelX Director Ups Stake, Signaling Confidence

Nickelx Ltd (AU:NKL) has released an update.

NickelX Limited has disclosed a significant change in director Jonathan Downes’ stake in the company, with an on-market purchase of 500,000 ordinary shares at a value of $15,000. Following the transaction, Downes now holds a total of 1,050,000 ordinary shares, in addition to various unlisted options. This strategic move could indicate the director’s growing confidence in the company’s prospects.

For further insights into AU:NKL stock, check out TipRanks’ Stock Analysis page.

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