Panther Metals Plc (LSE:PALM) has announced an insider share purchase that signals growing confidence in its future outlook. Kerry Hazelwood, who has close ties to CEO Darren Hazelwood, acquired 21,068 ordinary shares, raising their total holding to 276,457 shares—representing approximately 4.85% of Panther’s issued share capital. The move underscores internal belief in the company’s strategic direction, particularly with regard to its flagship Winston Project.
Located in Ontario, Canada, the Winston Project is showing strong economic promise, boasting a pre-tax Net Present Value (NPV) of C$175.8 million and an Internal Rate of Return (IRR) of 26%. The project benefits from solid backing by both institutional investors and government stakeholders, alongside substantial exploration upside. These factors position Panther Metals as a strong contender in the growing critical minerals sector.
About Panther Metals Plc
Panther Metals Plc is a resource exploration company focused on discovering and developing mineral assets across Canada. Its primary activities involve exploring polymetallic resources, including zinc, copper, and precious metals. The company’s current strategic emphasis is on the Winston Project, which is viewed as a key driver of long-term value.
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