First Tin Plc (GB:1SN) has released an update.
First Tin PLC, a tin development company with projects in Germany and Australia, has announced a significant share purchase by Metals X Limited, which is closely associated with two of the company’s Non-Executive Directors. Metals X Limited bought 1,000,000 shares at 5 pence each, increasing its stake to 22.76% of First Tin’s issued share capital. This move demonstrates confidence in First Tin’s strategy to become a key player in the tin market, which is anticipated to face a sustained demand-supply deficit.
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