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Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
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  • ABM Resources Director Acquires Indirect Stake 0 comments
    Oct 31, 2012 10:48 PM

    ABM Resources (ASX: ABU) director Graeme Sloan has increased his indirect interest in the company by 383,981 shares acquired on market.

    Susan Lesley Sloan, a related party to Graeme, acquired the shares for A$19,967.01, or an average price of A$0.052 per share.

    ABM recently announced several extensions to veins outside of the existing resource at its Old Pirate project, which has a current resource of 427,400 ounces of gold at 7.95 grams per tonne (g/t) (top cut) or 565,000 ounces of gold at 10.5g/t gold (uncut).

    It also made a new high grade gold discovery at the Golden Hind Prospect with recently reported drill results including 15 metres at 118g/t gold.

    Proactive Investors is a market leader in the investment news space, providing ASX "Small and Mid-cap" company news, research reports, StockTube videos and One2One Investor Forums.

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