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  • IMX Resources Director Buys Shares On Market  0 comments
    Dec 5, 2012 6:31 PM

    IMX Resources (ASX: IXR) non-executive director Kellie Benda has purchased 235,000 shares on-market.

    Benda acquired the shares for a total consideration of A$24,675, providing an average entry price of $0.105 per share.

    IMX is in the process of selling a 49% interest in the Mt Woods Copper-Gold JV and associated tenements to OZ Minerals (ASX: OZL), giving it cash to continue exploration and evaluation work on the wholly owned Nachingwea property in Tanzania, which hosts the Ntaka Hill Nickel Sulphide Project.

    The company has recently delivered a string of positive nickel sulphide results from Ntaka Hill, one of the world's best undeveloped nickel sulphide projects with the potential to produce a very clean, high quality premium nickel concentrate.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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