Jogged my memory:
13 October 2010
RE: CHANGE OF DIRECTORS INTEREST NOTICE
The Company advises that Mr Matthew Wood has sold 15,790,000 ordinary shares and 1,300,000 1.5 cent options.
The proceeds from the sale of these shares are being used to meet commitments including tax liabilities.
Mr Wood retains a beneficial interest in 15,945,000 ordinary shares and 6,203,000 1.5 cent options, representing 3.11% of the issued capital.
Mr Wood has no intention of selling any further stock, is a founding director and a long term supporter of the Company.
Yours faithfully
Scott Funston
Company Secretary
AVANCO RESOURCES LIMITED
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