21st Nov 2016 12:54
LONDON (Alliance News) - Strategic Minerals PLC said Managing Director John Peters bought 1.3 million shares at a price of 0.42761 pence per share on Monday.
Following this transaction, Peters now holds 10.0 million shares, or a 0.8% stake in the miner.
Strategic Minerals on Friday reported a "significant improvement" in sales from its Cobre project in New Mexico and said it plans to progress talks to extend the formal access period to the Cobre magnetite stockpile.
The stock was up 8.4% at 0.450p Monday.
By Arvind Bhunjun; [email protected]; @ArvindBhunjun
Copyright 2016 Alliance News Limited. All Rights Reserved.
Related Shares:
Strategic Minerals