gold ** major shareholder ups stake

There was an ASX release last night.

According to the announcement on the 20th. January:

1. Dundee Precious Metals purchased 1,065,000 options in ADU for a "consideration" of 20 cents per option.

2. Dundee Precious Metals then exercised these options for a "consideration" of 45 cents per option.

3. If I am reading this correctly it indicates that Dundee Precious Metals paid 65 cents for 1,065,000 shares in ADU.

This now takes Dundee Precious Metals' holding in ADU to 10,160,000 shares - 11.68% of issued capital.