True North Copper Director Increases Stake with Share Acquisition

True North Copper ( (AU:TNC) ) has provided an announcement.

True North Copper Limited has announced a change in the director’s interest, with Paul Cronin acquiring an additional 300,000 fully paid ordinary shares, bringing his total direct holdings to 2,694,564 shares. This acquisition, conducted through an on-market purchase at 20 cents per share, reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in the company’s future prospects and stability in the copper market.

More about True North Copper

True North Copper Limited operates in the mining industry, focusing on the extraction and production of copper. The company is involved in the exploration and development of copper resources, aiming to supply the growing demand for copper in various markets.

Average Trading Volume: 236,101

Technical Sentiment Signal: Sell

Current Market Cap: A$26.11M

For a thorough assessment of TNC stock, go to TipRanks’ Stock Analysis page.