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Director Increases Stake in Balkan Mining and Minerals

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Balkan Mining and Minerals Ltd ( (AU:BMM) ) has shared an announcement.

Balkan Mining and Minerals Ltd has announced a change in the director’s interest, specifically involving Agha Shahzad Pervez. The director, through indirect interests held by Clayton Capital Pty Ltd and Agha Family Investments Pty Ltd, has increased his holdings by acquiring 4,255,319 fully paid ordinary shares and 2,127,659 unlisted options. This acquisition was part of a share placement, bringing the total holdings to 7,755,319 fully paid ordinary shares and 2,127,659 unlisted options. The transaction, valued at $200,000, reflects a strategic move to strengthen the director’s stake in the company, potentially impacting the company’s governance and signaling confidence in its future prospects.

More about Balkan Mining and Minerals Ltd

Average Trading Volume: 682,794

Technical Sentiment Signal: Sell

Current Market Cap: A$2.79M

Find detailed analytics on BMM stock on TipRanks’ Stock Analysis page.

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