22nd Jan 2016 16:22
LONDON (Alliance News) - North River Resources PLC on Friday said Martin French, the resource company's former managing director, has cut his shareholding in the company to below the 3.0% disclosure threshold, following a series of share sales.
According to the company's website, French owned 3.59% of the company as recently as October 2015.
French resigned from his position after more than two years in the role in January 2015.
Shares in North River Resources were up 13% at 0.0760 pence on Friday afternoon.
By Samuel Agini; [email protected]; @samuelagini
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