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Viking Mines Director Increases Indirect Equity Stake via Share Placement

Story Highlights
  • Viking Mines director Julian Woodcock has increased his indirect stake through Bedrock Investment Group.
  • His holdings rose by 15 million shares and 30 million performance rights after a shareholder-approved placement.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Viking Mines Director Increases Indirect Equity Stake via Share Placement

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The latest update is out from Viking Mines Limited ( (AU:VKA) ).

Viking Mines has disclosed a significant change in the indirect holdings of director Julian Woodcock, following his participation via Bedrock Investment Group in a recent share placement approved by shareholders. Woodcock’s indirect interest increased by 15,000,000 ordinary shares, acquired at $0.005 each, and 30,000,000 performance rights issued for nil consideration, lifting his total indirect holding to 33,602,380 shares and 71,000,000 performance rights, underscoring stronger director alignment with the company’s equity structure and capital-raising efforts.

The most recent analyst rating on (AU:VKA) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Viking Mines Limited stock, see the AU:VKA Stock Forecast page.

More about Viking Mines Limited

Viking Mines Limited is an ASX-listed resources company. It operates in the mining and exploration sector, with its securities comprising fully paid ordinary shares and performance rights held by directors and related entities.

YTD Price Performance: 10.0%

Average Trading Volume: 22,493,393

Technical Sentiment Signal: Buy

Current Market Cap: A$26.84M

For an in-depth examination of VKA stock, go to TipRanks’ Overview page.

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