Australia

Pantoro managing director acquires shares in on-market purchase

Pantoro Ltd (ASX:PNR) managing director Paul Cmrlec has increased his shareholding in the company with the purchase of 350,000 shares.

The shares were bought for a consideration of $25,200.00 with the on-market purchase bringing Cmrlecs total securities to 7,798,992 shares.

Cmrlec also holds 1,500,000 options exercisable at 24 cents on or before 4 July 2022, and 1,500,000 options exercisable at 25 cents on or before 4 July 2022.

Norseman Project

Pantoro announced last month high-grade gold results in drilling of the Scotia, Daisy South and Gladstone-Everlasting prospects at Norseman Gold Project which indicate possible extensions to the deposits.

Currently there are five drill rigs in operation at Norseman – three on surface undertaking diamond and RC drilling programs focused onRead More – Source