Australasian Metals Limited (AU:A8G) has released an update.
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Australasian Metals Limited has announced the issuance of 3.5 million unquoted equity securities, comprising Class A and Class B Performance Rights, as part of an employee incentive scheme. These securities are not intended to be quoted on the ASX, offering an internal mechanism to reward and motivate employees for the company’s growth. This move could indicate the company’s strategy to align employee performance with long-term shareholder value.
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