MT GIBSON Iron Ltd director Craig Readhead has decreased his direct and indirect interests in the company by selling 160,000 shares at a value of $128,203.
Principal place of business: Unit 8, 8 Clive Street, WEST PERTH, WA 6005; Ph: (08) 9324 3200, Fax: (08) 9324 3111; Registered address: 129 Edward Street, PERTH, WA 6000; Ph: (08) 9227 1186, Fax: (08)
On Friday, 9 February 2007 the Company placed 4,375,000 new fully paid ordinary shares at eight (8) cents per share and raised $350,000 for the ongoing working capital.
FUNDS management group Mulitplex Capital has appointed Peter Morris as independent chairman. Dr Morris replaces Brian Hewitt, who was formerly independent director and chairman of the company.