Marston acquired the shares for a total consideration of $13,138, for an average price of A$0.175 per share.
He now holds 37,500 shares directly and another 212,500 shares indirectly.
In addition, Marston has 2 million options exercisable at A$0.20 that expire on 30 June 2013 and 2 million incentive rights.
Horseshoe Metals yesterday reported further high grade copper intersections from drilling at the Rinaldi Prospect in Western Australia.
Shallow copper mineralisation has now been intersected over a strike length of more than 700 metres and remains open to the north and south.
A JORC Resource on the Rinaldi Prospect will be completed in early 2013.
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