Raiden Resources Limited (AU:RDN) has released an update.
Raiden Resources Limited has reported a change in the interest of Director Mr. Michael Davy, as required by listing rules. In a significant shift, Mr. Davy’s indirect interest through Davy Corp Pty Ltd ATF Davy Investment has increased by 12,750,000 fully paid ordinary shares due to the conversion of performance rights. This transaction brings his total holdings to 30,023,215 ordinary shares, while still maintaining 2,763,714 listed options and 4,250,000 Tranche 4 performance rights.
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