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M3 Mining Director Bolsters Stake with Market Purchase
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M3 Mining Director Bolsters Stake with Market Purchase

M3 Mining Ltd. (AU:M3M) has released an update.

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Simon Eley, a director and shareholder of M3 Mining Ltd., has increased his indirect stake in the company by acquiring 611,029 fully paid ordinary shares through an on-market purchase valued at $25,052.19. Post-transaction, Eley’s interest via Resmin Pty Ltd now totals over 4 million shares, alongside 3 million performance rights. The acquisition signifies a vote of confidence in the company’s prospects by a key insider.

For further insights into AU:M3M stock, check out TipRanks’ Stock Analysis page.

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