Far East Gold Ltd (AU:FEG) has released an update.
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Far East Gold Ltd has announced a notable increase in the holdings of its director, Justin Werner, who acquired an additional 1,838,235 fully paid ordinary shares through a recent shareholder-approved placement. This acquisition raises his total holdings to over 16.5 million shares, signaling strong confidence in the company’s future prospects. Investors might find this move encouraging as it reflects the director’s commitment to the company’s growth.
For further insights into AU:FEG stock, check out TipRanks’ Stock Analysis page.