Empire Resources Limited (AU:ERL) has released an update.
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Dr. Michael Ruane, a director at Empire Resources Ltd, has increased his stake in the company through an entitlement issue, acquiring 134,630,590 additional ordinary shares at a value of $269,261.20, resulting in a new total of 538,522,357 shares held. This significant change in director’s interest has been disclosed to the ASX in accordance with the listing rules and is expected to draw attention from shareholders and potential investors.
For further insights into AU:ERL stock, check out TipRanks’ Stock Analysis page.