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Mining Capital

Walkabout Resources chairman takes stock in lieu of fees

The company is fast-tracking the development of the Lindi Jumbo Project.
Walkabout's focus is the Lindi Jumbo Graphite Mine

Walkabout Resources (ASX:WKT) has issued 151,515 shares to its executive chairman Trevor Benson in lieu of director fees.

The shares were priced at $0.066 each, which results in a value of $10,000.

Earlier this week Walkabout was granted its environmental impact assessment certificate for its Lindi Jumbo Graphite Mine located in Tanzania.

The certificate is an important pre-requisite to the mining licence application which can now be submitted.

Walkabout expects the mining licence to be granted during the September quarter of 2017.

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