London, 11 March - Tungsten Corporation plc (the "Company") has been notified that on 10 March 2015 Edmund Truell, the Chief Executive Officer of the Company, through Flexible Securities Ltd., an affiliate of Disruptive Capital Investments Ltd. (formerly Rockhopper Investments Ltd.) has acquired 300,000 shares in the Company via a contract for difference at a price of 178.8 pence per share. Following this transaction, Mr Truell is interested in 16,932,426* ordinary shares in the Company representing approximately 16.4 per cent of the Company's issued share capital.
The shares have lost 96% over the last 12 months. The dilution will take this into consideration. Bondholders will have to leave something on the table... It's very speculative but I think it's worth a small punt.. IMHO...
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