K2fly Ltd (ASX:K2F) has raised $76,047 in cash after 380,237 options were exercised by investors.
Notably, the majority of the options were exercised by CEO and executive director Brian Miller.
Miller exercised $66,047 worth of options resulting in the acquisition of 330,237 shares, which increases his overall holding to 2.55 million shares.
Solid recent December half result[hhmc]
K2fly had a productive six months in the second half of 2019, with revenue increasing 45% from the previous period to $2.653 million.
During the half-year ending December 31, the company invoiced a total of $3.083 million, which represents a 69% increase on the same period of 2018.
K2fly owns and provides two software solutions to the resources industry being RCubed and Infoscope.
RCubed is a resource and reserve reporting software that supports reporting codes such as JORC, NI43101 and SAMREC across major stock exchaRead More – Source
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