Larvotto Resources Rewards Directors with Share Conversion

Larvotto Resources Limited (AU:LRV) has released an update.

Larvotto Resources Limited has announced the successful conversion of 6,508,333 Performance Rights into fully paid ordinary shares after achieving specified milestone hurdles. This significant development follows the company’s adherence to the Larvotto Long-Term Incentive Plan, which rewarded directors for the company’s share performance. The newly issued shares have been listed for trading on the ASX without affecting the company’s existing placement capacity.

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