Directors’ Interests

Thursday, 26 May, 2011 - 00:00

Greenland Minerals and Energy managing director Roderick McIllree has exercised 500,000 options to buy shares at a cost of 20 cents each. He has also bought about 1.1 million shares through on-market trade at a cost of $761,544, bringing his total stake in the mineral explorer and developer to 6.2 million shares. With the company’s shares currently trading at 71.5 cents, his stake is valued at $4.5 million.