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Volt Resources Director Increases Stake in Company

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Volt Resources Director Increases Stake in Company

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An announcement from Volt Resources Ltd ( (AU:VRC) ) is now available.

Volt Resources Ltd announced a change in the director’s interest, with Mr. Asimwe Kabunga acquiring additional fully paid ordinary shares through Kabunga Holdings Pty Ltd. The acquisition, which involved both on-market trades and an issue of shares pursuant to a resolution from the Annual General Meeting, increases Kabunga’s holdings to over 806 million shares. This change reflects a significant increase in the director’s stake, potentially indicating confidence in the company’s future prospects.

More about Volt Resources Ltd

Volt Resources Ltd is a company operating in the resources sector, focusing on the exploration and development of mineral assets. Its primary products include graphite and other related minerals, catering to markets that demand these resources for various industrial applications.

Average Trading Volume: 30,667,270

Technical Sentiment Signal: Sell

Current Market Cap: A$49.73M

See more insights into VRC stock on TipRanks’ Stock Analysis page.

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