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PolarX director increases indirect interest in company through share purchases

The interest is held through Orogen Investments, which holds 5.1% of the company.

PolarX Limited (ASX:PXX) executive director Jason Berton has increased his indirect interest in the company through on-market share purchases.

The interest is held through Orogen Investments Pty Ltd, which holds 5.1% of PolarX.

Berton has this month acquired 33,106 shares in the company, which was formerly Coventry Resources Limited.

WATCH: PolarX CEO ‘very pleased’ with initial drill results from Alaska

PolarX is focused on the exploration of 35 kilometres of strike across its Alaska Range Copper-Gold Project in Alaska.

READ: PolarX eyes maiden JORC resource at Zackly copper‐gold deposit

Alaska Range comprises the Caribou Dome deposit with a resource of 2.8 million tonnes at 3.1% copper, and the recently acquired Stellar project.

The company is revising an existing historical resource estimate at the Zackly deposit within the Stellar project.