29Metals Director Increases Indirect Shareholding via On-Market Purchase

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2026.03.03 04:10
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29Metals Ltd. director Nick Cernotta has increased his indirect shareholding by purchasing 124,862 shares at $0.40 each, raising his total from 400,000 to 524,862 shares. This on-market purchase, made through MJBJ (WA) Pty Ltd, signals a commitment to the company’s prospects. The transaction occurred outside a closed period, with no changes in related contracts. The latest analyst rating for 29Metals (AU:29M) is a Hold, with a price target of A$0.40. The company focuses on base metals production and is publicly traded on the ASX.