Aurania Resources Clarifies Director Stock Options

Aurania Resources (TSE:ARU) has released an update.

Aurania Resources Ltd. has clarified the terms of the stock options granted to its directors, who have chosen to receive these options as payment for their quarterly fees in 2024. The options, with exercise prices set for two separate quarters, are immediately vested and exercisable over a three-year period. This move by the directors aligns their interests closely with those of the company’s shareholders.

For further insights into TSE:ARU stock, check out TipRanks’ Stock Analysis page.