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Empire Metals ( (GB:EEE) ) has provided an update.
Empire Metals Limited announced that its Managing Director, Shaun Bunn, has purchased 40,000 ordinary shares in the company, increasing his total beneficial ownership to 2,251,111 shares, representing 0.32% of the company’s issued share capital. This transaction underscores the confidence of the management in the company’s prospects, particularly as it accelerates the economic development of its Pitfield project, a major titanium discovery in Western Australia, which holds significant potential for future growth.
More about Empire Metals
Empire Metals Limited is an AIM-listed and OTCQX-traded company focused on resource exploration and development, primarily in the natural resources sector. The company is developing the Pitfield project in Western Australia, which is a significant titanium discovery. Empire Metals also has additional exploration projects in Australia and Austria, focusing on both titanium and precious metals.
Average Trading Volume: 6,263,069
Technical Sentiment Signal: Buy
Current Market Cap: £268.6M
Learn more about EEE stock on TipRanks’ Stock Analysis page.