Horseshoe Metals Issues New Shares Under Incentive Plan

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Horseshoe Metals Issues New Shares Under Incentive Plan

An announcement from Horseshoe Metals Limited ( (AU:HOR) ) is now available.

Horseshoe Metals Limited has issued 6,725,000 fully paid ordinary shares following the exercise of unlisted options granted to contractors under its Employee Securities Incentive Plan. This move is in compliance with the Corporations Act 2001, allowing the shares to be exempt from on-sale restrictions, which could enhance liquidity and potentially strengthen the company’s market position.

More about Horseshoe Metals Limited

Horseshoe Metals Limited is a company operating in the mining industry, primarily focused on the exploration and development of copper and gold projects in Australia.

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: €6.39M

See more insights into HOR stock on TipRanks’ Stock Analysis page.

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