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Ironbark Zinc director Danny Segman buys more shares on-market

Ironbark last month received commitments for a placement to sophisticated professional investors to raise $1 million at an issue price of 1.35 cents per share.

Ironbark Zinc Ltd - Ironbark Zinc director Danny Segman buys more shares on-market
The company is advancing its flagship Citronen Zinc-Lead Project in Greenland.

Ironbark Zinc Ltd’s (ASX:IBG) non-executive director and major shareholder Danny Segman has made yet another purchase of company shares through on-market trades.

A disclosure document lodged on the ASX this morning revealed Segman purchased 2 million shares for $28,828.

This increases his overall holding in the company to 123 million shares.

$1 million share placement

Ironbark last month received commitments for a placement to sophisticated professional investors to raise $1 million at an issue price of 1.35 cents per share.

Funds raised will be used primarily to further development work on the company’s flagship Citronen Zinc-Lead Project in Greenland.

Quick facts: Ironbark Zinc Ltd

Price: 0.013 AUD

ASX:IBG
Market: ASX
Market Cap: $11.96 m
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