Peak Rare Earths Limited (AU:PEK) has released an update.
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Peak Rare Earths Limited announced a significant change in the ownership interests of Director Russell John Scrimshaw, who acquired 1,000,000 additional fully paid ordinary shares through Scrimshaw Nominees Pty Ltd. This acquisition, valued at $100,000, was part of a shareholder-approved placement. Investors may find this development worth noting as it reflects confidence in the company’s future prospects.
For further insights into AU:PEK stock, check out TipRanks’ Stock Analysis page.