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Panther Metals Plc ( (GB:PALM) ) just unveiled an update.
Panther Metals Plc announced that its Executive Chairman, Nicholas O’Reilly, and CEO, Darren Hazelwood, have subscribed to new shares, investing a total of £132,000. This move increases their stakes in the company, with Hazelwood now holding 7.32% and O’Reilly 1.92% of the issued share capital. The company is set to list 191,304 new Ordinary Shares on the London Stock Exchange, which will bring the total number of shares in issue to 5,891,370. This strategic investment by the company’s leadership is expected to enhance stakeholder confidence and potentially strengthen Panther Metals’ market position.
More about Panther Metals Plc
Panther Metals Plc operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the London Stock Exchange and is involved in projects that aim to identify and develop mineral deposits.
Average Trading Volume: 73,901
Technical Sentiment Signal: Buy
Current Market Cap: £3.86M
See more insights into PALM stock on TipRanks’ Stock Analysis page.