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South Harz Potash Ltd ( (AU:TSR) ) has shared an update.
Turnstone Resources director Leonard Stanley Jubber has increased his indirect holding in the company through an acquisition of 1,666,667 fully paid ordinary shares at $0.03 per share. The shares were acquired via entities associated with his spouse and a superannuation fund in which he is a beneficiary, further aligning his financial interests with those of the company and its shareholders.
Following this transaction, Jubber’s indirect interests now encompass a larger stake in Turnstone Resources’ ordinary shares alongside a substantial portfolio of unlisted options and performance rights. The change in director’s interest may be viewed by investors as a sign of confidence in the company’s prospects and strengthens the alignment between management and stakeholder interests.
More about South Harz Potash Ltd
Turnstone Resources Ltd operates in the resources sector, focusing on mineral exploration and development activities. The company’s securities are listed on the ASX, and its capital structure includes fully paid ordinary shares, unlisted options, and performance rights held by directors and related parties.
Average Trading Volume: 177,783
Technical Sentiment Signal: Sell
Current Market Cap: A$6.11M
Learn more about TSR stock on TipRanks’ Stock Analysis page.