Energy Ventures chief executive Alisdair Cooke threw his weight behind the explorer’s $2.1 million rights issue late last month to help fund its purchase of the Aurora uranium deposit in Oregon.
Mr Cook shelled out $368,087 to take up over 10.51 million new shares offered under Energy Ventures non-renounceable offer, pitched at 3.5 cents per share, taking his total holding to 56.7 million shares worth $1.8 million. Fellow executive director Greg Fry took up 1.2 million shares for $42,125.