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Pembridge chief Gati Al-Jebouri buys £120,000 worth of shares in recent placing

The company raised just over £630,000 in new money towards the end of April, as it had to re-adjust the ownership structure of its Minto copper mine in Canada

Pembridge Resources PLC -

Pembridge Resources PLC (LON:PERE) revealed that Gati Al-Jebouri, its chief executive has spent £120,000 on buying new shares in the company as part of its recent fundraising efforts.

The company raised just over £630,000 in new money towards the end of April, as it had to re-adjust the ownership structure of its Minto copper mine in Canada to take into account the effects of the coronavirus on its business.

The mine was recently restarted and has begun shipping copper to foreign buyers.

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Price: 3 GBX

LSE:PERE
Market: LSE
Market Cap: £2.23 m
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Pembridge Resources 'in a much stronger financial position' as it ships...

Pembridge Resources PLC's (LON:PERE) Gati Al-Jebouri caught up with Proactive London's Andrew Scott soon after announcing they've shipped its first consignment of copper since the re-start began. The copper left the port of Skagway bound for Sumitomo warehouses in Japan. He says despite...

on 30/4/20

2 min read