IDA indiana resources limited
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April 8 (Reuters) - Indiana Resources Ltd (IDA) : INDIANA...

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    08/04/20
    11:35
    Post #: 43946995

    April 8 (Reuters) - Indiana Resources Ltd (IDA) :

    • INDIANA RESOURCES LTD - NON-EXECUTIVE DIRECTORS COMMITTED LAST YEAR TO ACCRUE DIRECTORS' FEES UNTIL FINANCIAL POSITION OF COMPANY IMPROVED
    • INDIANA RESOURCES LTD - ACCRUAL OF NON-EXECUTIVE DIRECTORS' FEES WILL CONTINUE FOR FORESEEABLE FUTURE
    • INDIANA RESOURCES LTD - EXECUTIVE CHAIRMAN -REDUCTION OF 20% IN EXECUTIVE FEES, EFFECTIVE 1 APRIL 2020
    • INDIANA RESOURCES LTD - PERTH BASED STAFF - SALARY REDUCTION OF 15%, EFFECTIVE 1 APRIL 2020
    • INDIANA RESOURCES LTD - STAFF NUMBERS IN MALI HAVE BEEN REDUCED, REFLECTING INABILITY TO UNDERTAKE FIELD ACTIVITIES IN SHORT TERM
    • INDIANA RESOURCES LTD - REDUCTION IN OFFICE AND ADMINISTRATIVE EXPENSES FOR MALI OFFICE THAT HAS REDUCED OPERATING COSTS BY 30% SINCE START OF 2020
    • INDIANA RESOURCES LTD - ACTIVITY MAY NOT BE ABLE TO RESUME DURING 2020 IN MALI
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8.5¢ 		Change
0.002(1.81%) 		Mkt cap ! $54.31M
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