Caerus Mineral Resources Plc (GB:CMRS) has released an update.
Critical Mineral Resources PLC has announced the issuance of 7,345,350 new ordinary shares at 1 pence each to employees as part of an equity incentive scheme, with admission to the London Stock Exchange expected on or around 25 July 2024. These shares come with performance-based forfeiture conditions tied to the company’s stock price over the next three years. Post-admission, the company’s total issued share capital will be 80,798,859, excluding treasury shares which do not carry voting rights.
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