European Lithium Director Bolsters Option Holdings

European Lithium Ltd. (AU:EUR) has released an update.

European Lithium Ltd. has reported a substantial change in the holdings of Director Michael Carter, who acquired 5,335,298 new listed options at a nominal price of $0.005 each, according to the most recent director’s interest notice. These transactions are part of a new options issue and an underwritten options issue as per resolutions passed in the recent shareholders’ general meeting. The director’s total holdings now include 5 million ordinary shares, 12 million various listed options, and 5 million performance shares.

For further insights into AU:EUR stock, check out TipRanks’ Stock Analysis page.