Sage buys 6% slice of Jackson Minerals
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Wednesday, 17 December, 2008 - 14:16
Category:
Cape Lambert executive chairman Tony Sage has bought a 6 per cent stake in mining minnow Jackson Minerals for $150,000 cash.
In a notice to the stock market, Jackson advised that Mr Sage bought 5.95 million shares at an average price of 2.5 cents each.
Mr Sage's purchase notification came after substantial shareholder Okewood Pty Ltd sold its 6 per cent interest, or 5.95 million shares, in Jackson for $150,000.
Jackson is holds a suite of assets Argentina. Its shares closed up 15 per cent to 3.1 cents today.