http://www.proactiveinvestors.com.au/companies/news/55729/south-boulder-mines-managing-director-paul-donaldson-increases-shareholding-55729.html
South Boulder Mines managing director Paul Donaldson increases shareholding
Thursday, June 19, 2014 by Proactive Investors
South Boulder Mines (ASX:STB) managing director Paul Donaldson has acquired
60,000 shares of the company in an on market purchase.
Donaldson paid $10,050 for the shares, or an average consideration of .1675,
which brings his total shareholding up to 151,666 shares.
He also holds the following options:
- 700,000 unlisted options exercisable at .599 each, expiring on 31
January 2016;
- 1,000,000 unlisted options exercisable at .649 each and expiring on 31
January 2016;
- 1,300,000 unlisted options exercisable at .949 each, expiring on 31
January 2016; and
- 1,000,000 unlisted options exercisable at .34 each expiring on 29
November 2016.
The company recently secured an export terminal area for Colluli Potash
Project in Eritrea.
It has a large combined Resource of 1.08 billion tonnes at 18% KCl that has
the potential to produce premium potassium sulphate fertiliser which
currently carries a price premium of approximately $300 per tonne.
Received on Thu Jun 19 2014 - 07:28:51 EDT