Pembridge Resources PLC - holds investment in Minto Explorations Ltd, which operates Minto copper-gold-silver mine in Yukon, Canada - Chair & Chief Executive Officer Gati Al-Jebouri buys 281,363 shares at average 6.03 pence, worth GBP16,966, between Tuesday and Thursday. Stake rises to 20.71% from 20.02% as a result. "I continue to see a substantial disconnect between the current share price and the underlying value of our assets, even more so given the anticipated restructuring of Minto and expected near-term listing on the TSXV in Canada," Al-Jebouri says. "I believe the outlook for both the copper price and Pembridge is very positive and will continue to support as opportunities arise."
Current stock price: 6.38p, up 6.3% on Friday
Year-to-date change: up 23%
By Tom Waite; thomaslwaite@alliancenews.com
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