Western Areas NL non executive director Terry Streeter has decreased his indirect interest in the company - held through Jungle Creek Gold Mines Pty Ltd - by selling over a million shares for a total of $5.1 million in an off market crossing.
Western Areas NL non executive director Terry Streeter has decreased his indirect interest in the company - held through Jungle Creek Gold Mines Pty Ltd - by selling over a million shares for a total of $5.1 million in an off market crossing.
He now owns 31.4 million shares in the mining explorer valued at $148 million at the announcement day share price.
West Perth-based nickel company Western Areas NL joined the S&P/ASX 200 on June 28 2007.
This followed Terry Streeter's sale of 100,000 shares worth $1.6 million (CAD$ 1.5 million) - held through Jungle Creek Gold Mines - between May 15 and May 28 on the Toronto Stock Exchange to encourage the liquidity of the stock.
Terry Streeter also sold 4 million Fox Resources Ltd shares on July 2 and 3 - held through Jungle Creek Gold Mines Pty Ltd - worth over $4 million leaving him with just under 15 million shares valued at $14.7 million on the announcement day's share price.
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