Independent Director Exits Entire Stake in Almonty Industries

Almonty CA0203981034

The stock of Almonty Industries is sending mixed signals to the market. Operational progress at a key mine is being overshadowed by a significant governance event: an independent director has liquidated his entire shareholding in the company.

Regulatory filings published today reveal that David Hanick, serving as an Independent Director, has sold 100% of his shares in Almonty Industries. The details of the transaction are as follows:

• Insider: David Hanick, Independent Director
• Transaction: Sale of entire shareholding
• Total Value: Approximately CA$1.7 million
• Average Sale Price: Roughly CA$13.21 per share
• Current Read more...