Pan Asia Corporation director adds to shareholding
Pan Asia Corporation (ASX: PZC) director Domenic Martino has purchased a further 17,625 shares in the company on-market.
Martino acquired the shares for a consideration of A$1,410, providing an average entry price of $0.08.
Pan Asia has been busy recently boosting its JORC Resource at the Transcoal Minergy Coal Project in Indonesia by 115% to 114.6 million tonnes.
The resource now comprises 35.6 million tonnes in the high confidence Measured category, with 35.1 million tonnes Indicated and 43.9 million tonnes Inferred.
Last week Martino lodged a change of director's interest notice for the purchase of 172,000 shares on-market for a consideration of $13,760.
Related news
- London Mining remains on track to hit 2012 production target at Marampa
- Ceres Power Holdings reports significant improvements of its fuel cell products
- Oxford Catalysts Group shares advance as it announces first start-up of FT reactor
- Mariana Resources kicks off drilling programme at Las Calandrias gold-silver project
- Orogen Gold begins Phase 1 drilling programme at Deli Jovan
- Magnolia Petroleum on track to hit 100 wells target by end-2012
- Mwana Africa sells 15pct stake in Freda Rebecca gold mine for $405k - UPDATE
