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St. Barbara Director Increases Shareholding Amid Capital Raising

St. Barbara Director Increases Shareholding Amid Capital Raising

St. Barbara Ltd. (AU:SBM) has released an update.

St. Barbara Ltd. announced that its director, Mr. Andrew Michael Strelein, has increased his holding by acquiring 250,000 ordinary shares through the company’s capital raising initiative. This brings his total direct ownership to 1,750,000 shares, reflecting a strategic move amid favorable market conditions. The shares were purchased at a price of $0.38 each, highlighting investor confidence in the company’s growth prospects.

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

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