Core Viewpoint - Cornish Metals Inc. has announced that its Chief Development Officer, Mr. Fawzi Hanano, purchased 250,000 common shares at a price of 8.01 pence per share, increasing his total beneficial interest to 1,250,000 shares, representing 0.10% of the company's issued share capital [1][2]. Company Overview - Cornish Metals is focused on advancing its wholly owned and permitted South Crofty tin project located in Cornwall, United Kingdom, which is a historical, high-grade underground tin mine [3][6]. - The South Crofty project is permitted to commence underground mining until 2071 and includes plans for a new processing facility and necessary site infrastructure [6]. - The project is positioned to be the only primary producer of tin in Europe or North America, with tin being classified as a Critical Mineral due to its extensive use in electronic devices and electrical infrastructure [6]. Recent Developments - Mr. Hanano's share purchase is part of the company's Long-Term Incentive Plan (LTIP) and was conducted on the London Stock Exchange, AIM Market [2][4]. - The transaction reflects the company's commitment to aligning management interests with shareholder value [2].
Cornish Metals Announces PDMR Dealing
Globenewswireยท2025-10-09 06:00