shares on-market Thursday, September 15, 2016 by Proactive...

shares on-market
Thursday, September 15, 2016 by Proactive Investors

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Hexagon Resources Ltd (ASX:HXG) remains well positioned to take advantage of growing demand in the lithium-ion battery market and the rapidly emerging graphene market by producing premium quality graphite and graphene.

New drilling is planned to increase the global resource at the company's McIntosh flake graphite project located in Western Australia.

Hexagon will continue with the current pre-feasibility study to develop one of Australia's largest JORC compliant flake graphite resources.

With that in mind, Charles Whitfield, non-executive director, has taken the opportunity to increase his stake in on-market trades.

Whitfield acquired 100,000 shares at $0.135, increasing his direct stake to over 1.1 million shares.



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