Alkane Resources CEO Sells 2 Million Shares On-Market; Shares Down 4%

MT Newswires Live
Sep 11

Alkane Resources (ASX:ALK) CEO Nicholas Earner sold 2 million of his ordinary shares in the company on-market to meet expected personal tax obligations and other commitments, according to a Thursday filing with the Australian bourse.

The disposal marks Earner's first sale of Alkane shares since 2020, per the filing.

The company's shares fell 4% in recent Friday trade.

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