Heavy Minerals Ltd ( (AU:HVY) ) has issued an announcement.
Heavy Minerals Ltd has announced the issuance of 1,000,000 unquoted performance rights, divided equally between Class B and Class C, set to expire in December 2025 and December 2026 respectively. These securities are part of an employee incentive scheme and are not intended to be quoted on the ASX, indicating a strategic move to retain and motivate key personnel, potentially enhancing the company’s operational capabilities and market positioning.
More about Heavy Minerals Ltd
Heavy Minerals Ltd operates in the mining industry, focusing on the extraction and processing of heavy mineral sands. The company is involved in the production of various mineral products, catering to markets that require these resources for industrial applications.
YTD Price Performance: 108.33%
Average Trading Volume: 140,199
Technical Sentiment Consensus Rating: Sell
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