Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Image Resources directors top up shareholdings  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 14/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - ProactiveInvestors - Australia) Image Resources (ASX: IMA) managing director Peter Davies and executive director exploration George Sakalidis have increased their respective shareholdings in the company through further on-market acquisitions.

Davies added an additional 100,000 shares to his portfolio for a total consideration of A21,509, providing an average entry price of 0.215 per share.

Sakalidis topped up his shareholding with the purchase of a further 100,000 shares for a total consideration of 21,500, or an average entry price of 0.215 per share.

Earlier in the month Image put away a committed 6.5 million capital raising through CPS Securities at 0.20 per share.

The broker has commitments to the placement in an amount exceeding 6.5 million and will see up to 7 million.

Funds raised, together with current working capital, will exceed the current estimated costs for Image to complete a Bankable Feasibility Study on its Boonanarring and Atlas mineral sands project in the North Perth Basin.

The work is scheduled to be completed in July 2013 including an independent expert review.

The company intends to complete the issue in December.

 






  MENA News Headlines


 
Live Currency Rates






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help