European Lithium Ltd (ASX:EUR) non-executive director Stefan Muller has purchased 100,000 shares in the company via on-market trades.
The $7,800 purchase completed last week increases his overall holding in the company to 1.35 million shares.
READ: European Lithium has early mover advantage and well placed in EU lithium market
The company aims to become a battery-grade lithium producer in Europe through the development of its flagship Wolfsberg Lithium Project in Austria.
A major component of this process is completing the definitive feasibility study (DFS) later this year.
The company’s primary listing is on the ASX and it is also listed in Germany (FRA:PF8) and Austria (VSE:ELI).