http://www.proactiveinvestors.com.au/companies/news/169170/danakali-ltd-s-tony-kiernan-lifts-stake-through-option-conversion-169170.html
Danakali Ltd's Tony Kiernan lifts stake through option conversion
11:00 18 Nov 2016
Danakali remains focused on the Colluli Potash Project.
Kiernan now holds circa 1.2 million shares.
Danakali Ltd's (ASX:DNK) non-executive director, Tony Kiernan, has
lifted his stake in the company through the exercise of 300,000
unlisted $0.34 options, for a consideration of $102,000.
Kiernan now holds circa 1.2 million shares, and several lines of options.
Danakali remains focused on the Colluli Potash Project located in
Eritrea, East Africa, which is one of the most advanced greenfield
sulphate of potash (SOP) projects globally.
Danakali has a 50% equity interest in Colluli through a joint venture
with the Eritrean National Mining Company.
Colluli has an exceptionally long expected mine life, unrivalled
product diversification potential and significant upside.
Received on Fri Nov 18 2016 - 16:39:45 EST