Australia

Apollo Minerals directors double their holding by participating in entitlement offer

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Apollo Minerals Ltd (ASX:AON) has confirmed that five of its directors have doubled their shareholding by participating in the companys one for one pro rata non-renounceable entitlement offer at 2.5 cents per share.

Substantial holders increase stake

Apollos substantial holders Arredo Pty Ltd and Juniper Capital Partners have also participated in the entitlement offer.

Arredo purchased shares worth $300,000 to increase its stake from 7.16% Read More – Source