Riversgold Ltd Director Increases Stake in Strategic Move

Riversgold Ltd. (AU:RGL) has released an update.

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Riversgold Ltd has announced a change in the director’s interest, with Simon Andrew acquiring an additional 2.5 million shares and options through a shareholder-approved placement. This acquisition involves shares priced at $0.004 each, with free attaching options, indicating a strategic move by the director to strengthen his stake in the company. Investors might find this development noteworthy as it reflects confidence in the company’s potential growth.

For further insights into AU:RGL stock, check out TipRanks’ Stock Analysis page.

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