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Paterson Resources ( (AU:PSL) ) has shared an update.
Paterson Resources has disclosed a change in director Matthew Bull’s holdings following his participation in a recent capital raising. Bull acquired 22,222,222 fully paid ordinary shares at $0.018 each and received 22,222,222 free attaching unlisted options exercisable at $0.028, increasing his stake to 44,521,331 shares and 24,699,901 such options, alongside existing options and performance rights. The transaction, part of a placement approved by shareholders in November 2025, signals strong insider support for the company’s equity raising efforts and may be viewed by investors as a vote of confidence in Paterson Resources’ strategic direction and future prospects.
The most recent analyst rating on (AU:PSL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Paterson Resources stock, see the AU:PSL Stock Forecast page.
More about Paterson Resources
Average Trading Volume: 839,705
Technical Sentiment Signal: Buy
Current Market Cap: A$19.19M
Find detailed analytics on PSL stock on TipRanks’ Stock Analysis page.