Brightstar Resources Limited (AU:BTR) has released an update.
Brightstar Resources Limited has announced the issue of 50 million unquoted options, split equally into two tranches with exercise prices of $0.03 and $0.04, both set to expire in July 2027 and 2028 respectively. The official notification, dated July 19, 2024, indicates these are part of an employee incentive scheme and will not be listed on the ASX. This strategic move could suggest an underlying confidence in the company’s future performance and potential for growth.
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