Bowen Coking Coal Limited (ASX:BCB) insider Gerhard Redelinghuys purchased 5,000,000 shares of the company’s stock in a transaction on Wednesday, March 31st. The shares were purchased at an average cost of A$0.03 ($0.02) per share, for a total transaction of A$170,000.00 ($121,428.57).
Bowen Coking Coal Company Profile
Bowen Coking Coal Limited engages in the exploration and development of coal project with primary focus on metallurgical coal. It holds 100% interests in the Isaac River Project that covers an area of 14 square kilometers located in the Bowen Basin in Central Queensland; the Cooroorah Project located north of Blackwater; the Carborough project; and the Comet Ridge Project located South of the township of Comet, as well as 90% interests the Hillalong Coking Coal Project comprising of 31 sub-blocks covering an area of approximately 99 km2 located in the northern Bowen Basin.
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