Rainbow Rare Earths (GB:RBW) has released an update.
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Adonis Pouroulis, Director of Rainbow Rare Earths Limited, has purchased 1,144,501 company shares from Piran Resources Limited, raising his total stake to 14.2%. The shares were acquired at a price of £0.098 each, totaling £112,161.10. This transaction aligns with Rainbow’s commitment to becoming a leading supplier in the green energy sector through innovative rare earth element production.
For further insights into GB:RBW stock, check out TipRanks’ Stock Analysis page.