Senior Panther Metals executives buy shares
Two of Panther Metals’ () senior executives have undertaken a direct share subscription with the company to raise a total of £132,000 at the market mid-price of 69p.
Chief executive Darren Hazelwood subscribed for a total of 155,072 new shares for a consideration of £107,000, taking his and Mrs Hazelwood's total holding to 7.32%.
Executive chairman Nicholas O'Reilly subscribed for a total of 36,232 new shares for a consideration of £25,000, taking his total holding to 113,305 shares, equivalent to 1.92% of the company.
View from Vox
It’s been a busy few weeks for Panther, what with the acquisition of the Winston project in Canada, and the bolstering of the balance sheet with a move into bitcoin. The shares have risen in response, and but with directors coming in at these new, higher levels, there is clearly appetite for further growth.
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.