monarch gold directors buy 380k shares

Monarch Gold Mining Company Ltd director Michael Kiernan bought 100,000 shares on-market and 2,848 via a rights issue on April 24, 2008.

Mr Kiernan holds 14,977,849 shares and 3,333,334 unquoted options.

Director Philip Botsis indirectly bought 278,655 shares via an entitlement issue.

Mr Botsis indirectly holds 1,950,582 shares.

Director John Davis indirectly bought 10,174 shares via an entitlement issue.

Mr Davis indirectly holds 93,508 shares and 1,700,000 unquoted options.

know why!!!!