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DIRECTOR DEALINGS: Aurasian Minerals CEO Buys Amid Serbia License Deal

7th Jul 2016 09:13

LONDON (Alliance News) - Mineral exploration company Aurasian Minerals PLC said on Thursday Chief Executive Officer Peter Mullens bought shares in the company on Tuesday.

Mullens bought 25,000 shares at 0.55 pence per share. Aurasian Minerals did not provide his total beneficial interest following the transaction.

On Tuesday, Aurasian Minerals said it exercised an option agreement with Rockstone Group LLC to earn up to an 80% interest in the Gokcincia project licenses in Southern Serbia.

"We are excited to exercise the option agreement over the Gokcanica permits. Work can now commence on defining areas of interest and the commencement of geological mapping and sampling to define drill targets." Mullens said on Tuesday.

Aurasian shares were up 0.3% Thursday morning at 0.58p.

By Lucy Heming; [email protected]

Copyright 2016 Alliance News Limited. All Rights Reserved.

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