Australia

Castillo Copper chairman buys shares on market

Castillo Copper Ltd (ASX:CCZ) chairman Rob Scott has acquired 405,361 shares in the company through on-market trades.

The $5,269 purchase increases his overall holding in the company to 1.405 million shares.

The chairmans purchase follows the recent purchase by fellow board member Gerrard Hall who acquired 1.8 million shares at a value of $23,400, increasing his holding to 4.3 million shares.

Notably, the companys four board members also recently agreed to reduce their directors fees by 50% as part of a series of measures to preserve cash.

Three pillar copper strategy

Castillo is progressing a three-pillar strategy to build itself intoRead More – Source