Cornish Metals Inc. non-executive chairman Patrick F. N. Anderson has increased his shareholding in the company with the exercise of 750,000 options over common shares.
TVRs
The options were exercised on 14 October 2025, each at a price of 10 cents, for an aggregate C$75,000 (£40,079).
Mr Anderson now has a beneficial interest in 1,425,271 common shares, representing 0.11% of Cornish Metals’ issued share capital.
Following admission, the company’s issued and outstanding share capital will comprise 1,254,501,619 common shares.
Cornish Metals holds no common shares in treasury.
The Canadian company is progressing towards production its wholly owned and permitted South Crofty tin mine project in the village of Pool in Redruth, Cornwall.