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Monday, February 17, 2014

Xanadu Mines Directors Buy On-Market

Xanadu Mines Directors Buy On-Market

February 17 (Cover Mongolia) Directors of Mongolia-focused copper, coking coal explorers Xanadu Mines Ltd. (ASX:XAM) George Lloyd (Managing Director), Mark Wheatley (Chairman) and Brian Thornton (Non-Executive Director, former Chairman) bought 50,000 (at 6.8c on February 13), 50,000 (at 6.8c on February 13), and 350,000 shares (at average price 6.658 on February 12, 14), according to notices filed today. Lloyd had also previously disclosed he bought 100,000 shares at 6.9c on February 5.

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