CFE - Cape Lambert Chairman reaffirms commitment by increasing Shareholding
Cape Lambert Resources Limited (ASX: CFE) (Cape Lambert or the Company) Executive Chairman, Mr Tony Sage, has reaffirmed his commitment to the Company by significantly lifting his shareholding via an off market purchases of 29,151,251 shares increasing his shareholding to 11.61%. Please refer to the attached Appendix 3Y for full details. Commenting on his recent share purchase Mr Sage said, "I have believed in, and continue to believe in, Cape Lambert as an investment opportunity. During a time where capital markets are showing little support for resources companies I think it important I show support for the Company in the most tangible of ways by buying shares."
