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Cornish Metals ( (TSE:CUSN) ) has shared an announcement.
Cornish Metals Inc. announced that Non-Executive Director Samantha Hoe-Richardson has purchased 250,000 common shares of the company, increasing her beneficial interest to 375,000 shares, which represents 0.03% of the company’s issued share capital. This transaction, conducted on the London Stock Exchange, reflects confidence in the company’s strategic direction and its South Crofty tin project, which is poised to become a significant player in the critical minerals market, potentially impacting the company’s market position and offering economic benefits to the local community.
More about Cornish Metals
Cornish Metals Inc. is a mineral exploration and development company focused on advancing the South Crofty tin project in Cornwall, United Kingdom. The South Crofty project is a historical underground tin mine with existing infrastructure and is the highest grade known tin resource not currently in production. The project is permitted for underground mining and construction of a new processing facility, and it could potentially become the first primary producer of tin in Europe or North America. Tin is a critical mineral used in electronic devices and electrical infrastructure, with strong support from local communities and government.
See more insights into CUSN stock on TipRanks’ Stock Analysis page.