Meteoric Resources NL (ASX:MEI) managing director Andrew Tunks has purchased 400,000 shares in the company through the recent placement.
Tunks’ $20,000 purchase his overall holding in the company to 1.3 million shares.
Fellow board member, technical director Shastri Ramnath also participated in the placement, purchasing 300,000 shares.
Proactive last caught up with company for an update in December 2019.