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Unico Silver Director Increases Indirect Shareholding via Share Purchase Plan

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Unico Silver Director Increases Indirect Shareholding via Share Purchase Plan

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E2 Metals Ltd. ( (AU:USL) ) has shared an update.

Unico Silver Limited has reported a change in the indirect security holdings of director Peter Canterbury, who, through Cantley Investments Pty Ltd, increased his stake in the company by acquiring 46,364 fully paid ordinary shares at $0.55 per share via participation in the share purchase plan (SPP). Following this transaction, Cantley Investments now holds 96,364 fully paid ordinary shares in Unico Silver, in addition to 1,000,000 unlisted options exercisable at $0.812 each and expiring on 4 December 2028, signalling continued director support for the company’s capital management initiatives and future growth plans.

The most recent analyst rating on (AU:USL) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

More about E2 Metals Ltd.

Unico Silver Limited, recently renamed from E2 Metals Ltd, is an ASX-listed resources company focused on the exploration and development of silver and related precious metal projects. The company’s activities centre on advancing its mineral assets to create value for shareholders within the mining and metals sector.

Average Trading Volume: 4,696,785

Technical Sentiment Signal: Buy

Current Market Cap: A$464.6M

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

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