Venture Minerals Director Increases Stake

Venture Minerals Limited (AU:VMS) has released an update.

Venture Minerals Limited has announced a significant change in Director Nicholas Luigi Cernotta’s interests, with an acquisition of 5,263,158 ordinary fully paid shares and 30,000,000 unlisted zero exercise priced options, expiring in 2029. The options are subject to vesting conditions, and the change is a result of Director participation in a Tranche 2 Placement, as approved by shareholders. The transactions were valued at A$100,000 for the shares, while the options were acquired at no cost.

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