Directors’ Interests

Riversdale Mining non-executive directors Gary Lawler and Andrew Love dug deep to support the Africa-focused coal miner’s $60 million rights issue this month. Mr Lawler spent just over $123,400 to take up 13,125 new Riversdale shares, while Mr Love shelled out almost $711,000 for 75,634 shares. On completion of the rights issue, Riversdale’s cash reserves stood at $560 million. Riversdale owns the ZAC mine in South Africa and is developing the Benga mine in Mozambique.


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