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VRX Silica Director Increases Stake Through Share Acquisition

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VRX Silica Director Increases Stake Through Share Acquisition

VRX Silica Ltd. ( (AU:VRX) ) has issued an announcement.

VRX Silica Ltd has announced a change in the director’s interest, with Director Paul Boyatzis acquiring 700,000 ordinary shares through an indirect interest. This acquisition was part of a placement following shareholder approval, increasing his total holding to 6,200,000 ordinary shares. This move reflects a strategic decision by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects and stability.

More about VRX Silica Ltd.

VRX Silica Ltd is a company operating in the silica industry, focusing on the production and supply of high-quality silica sand products. The company is positioned to serve various markets, including glass manufacturing and foundry industries, leveraging its extensive silica sand resources.

YTD Price Performance: 12.50%

Average Trading Volume: 944,497

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$34.38M

For detailed information about VRX stock, go to TipRanks’ Stock Analysis page.

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