Australian Vanadium managing director pays to exercise options

Date: Jan 7, 2019

A recent PFS valued an initial 17-year open pit mining operation at up to US$1.41 billion.

3D model of plant layout and mine site with open pit

The positive PFS result supports immediate progression to a DFS

Australian Vanadium Ltd (ASX:AVL) managing director Vincent Algar has exercised $13,846 worth of options adding 692,307 shares to his holding.

The share acquisition increases his overall position to 11.26 million shares and further aligns him with shareholders.

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