Dateline boss throws $1M cash at US gold-rare earths play
From thewest.com.au
In what appears to be a major confidence booster for Dateline Resources’ Californian gold and rare earths project, managing director Stephen Baghdadi has dug deep into his pocket, tipping $1.06 million of fresh cash into the ASX-listed explorer’s coffers. After exercising more than 53 million options, Baghdadi’s new investment has lifted his stake in Dateline to a hefty 396.9 million shares and gives the boss a commanding 12.85 per cent slice of the company. It also injects immediate capital into the company’s exploration war chest. Including the new cash and commitments from additional option exercisers, the ...
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