Peel Mining directors exercise $216,000 worth of options

Peel Mining Ltd (ASX:PEX) has had chairman Simon Hadfield and director Graham Hardie exercise $108,000 worth of options each.

The exercise of the 21.6-cent options will provide $216,000 worth of valuable funding for the company but importantly, shows that Peel’s board is willing to align themselves with shareholders.

The share acquisitions increase Hadfield’s holding to 4.31 million shares and Hardie’s holding to 15.92 million shares.

READ: Peel Mining intersects ultra-high-grade 18.2 metres at 40.3% zinc at Southern Nights