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  • King River Copper's Chairman Anthony Barton Shows Confidence Acquiring More Shares 0 comments
    Aug 26, 2013 1:20 AM

    King River Copper (ASX: KRC) chairman Anthony Barton has acquired 1 million shares of the company in various on-market purchases, increasing his substantial shareholding to 10.7% from 9.15%.

    He paid a total consideration of $52,513 for the shares, or an average of $0.053 each.

    Barton now holds 14,879,768 shares and 6,801,910 options in the company.

    The company had last week reported a new discovery of visible surface copper mineralisation in the northeastern corner of the Speewah Dome in Western Australia's Kimberley Region.

    Notably for the company, the new Chapman area is significant as it has different outcropping from previous mineralised areas.

    This opens up the potential for further copper-gold mineralisation discoveries around the 30 kilometre long Speewah Dome.

    The King River Copper share price has rallied strongly over the past few months with promising results to date and further exploration to come.

    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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