Alkane Resources Announces Employee Share Bonus Issue

Alkane Resources Ltd (AU:ALK) has released an update.

Alkane Resources Ltd has announced a bonus issue of 346,035 ordinary fully paid shares to its eligible employees under the company’s Bonus Employee Share Plan. The shares, valued at $1,000 in ALK shares per employee, are set to be quoted on the Australian Securities Exchange (ASX) on October 18, 2024. This strategic move aims to incentivize and reward employees while potentially boosting investor interest in the company’s stock.

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