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Lotus Resources Ltd directors demonstrate confidence in uranium strategy through placement participation

Protection group reports concerns for Ōpihi River

Meanwhile, banded dotterel are ‘’quite consistently’’ the most common braided river bird on the Ashley River, but “are almost entirely absent from the Ōpihi”. “The least threatened birds, those that successfully nest in environments other than braided river –pied stilt and pied oystercatcher – are increasingly making up the bulk of bird numbers in the Ōpihi.” The report says between the Pleasant Point bridge and the lower gravel extraction area there are a number of islands of sufficient size and suitable gravel substrate for nesting. “This is the best section of the river. However, these islands have thick mature weed cover which includes broom, lupin and some small poplars,” it says.

Lotus Resources Ltd non-executive director continues to build holding with fourth on-market purchase this week

The company’s key asset is the Kayelekera Uranium Project in northern Malawi, Africa. Lotus shares have today reached a new three-year high of A$0.205. Lotus Resources Ltd (ASX:LOT) (OTCMKTS:LTSRF) non-executive director Grant Davey has continued to build his holding in the company with his fourth on-market purchase of shares this week with a total value of more than A$213,000. In his latest purchase, on May 5 Davey acquired a further 250,000 shares worth A$46,250 in an indirect interest, increasing the number of securities held in that interest to more than 16.148 million. This follows his purchase on May 3 of 303,602 shares valued at A$96,398, on May 4 of 200,000 shares valued at A$30,000 and May 5 of 246,398 shares valued at A$40,656.

Lotus Resources Ltd director Grant Davey shows further faith in uranium strategy with another on-market buy

Lotus Resources director Grant Davey shows further faith in uranium strategy with another on-market buy The company holds an 85% interest in the Kayelekera Uranium Project in Malawi that hosts a resource of 37.5 million pounds of U3O8. Lotus has a market capitalisation of approximately A$152 million. Lotus Resources Ltd (ASX:LOT) (OTCMKTS:LTSRF) non-executive director Grant Davey continues to demonstrate his faith in the company’s uranium strategy with another on-market purchase. On May 4 Davey acquired 200,000 shares valued at $30,000 in an indirect interest, increasing the number of securities held in that interest to more than 15.652 million. This follows his on-market purchase of 303,602 shares valued at $96,398 on May 3.

Lotus Resources Ltd director shows confidence in company s uranium strategy with on-market purchase

Lotus Resources director shows confidence in company s uranium strategy with on-market purchase The company holds an 85% interest in the Kayelekera Uranium Project in Malawi that hosts a resource of 37.5 million pounds of U3O8. Lotus has a market capitalisation of approximately A$133 million. Lotus Resources Ltd (ASX:LOT) (OTCMKTS:LTSRF) non-executive director Grant Davey has demonstrated his confidence in the company’s uranium strategy with an on-market purchase of shares. On May 3, Davey acquired 303,602 shares valued at $96,398 in an indirect interest, increasing his holding in that interest to 15.45 million shares. OTCQB market trading Last week, the company completed its secondary listing on the OTCQB market in the United States with the ticker LTSRF.

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