Metalsgrove Mining Ltd. (AU:MGA) has released an update.
MetalsGrove Mining Ltd. has announced plans to issue 4.5 million Performance Rights to its CEO, Mr. Lijun Yang, pending shareholder approval at an upcoming meeting. The rights are structured in three tranches with specific share price targets over a period of up to three years. Additionally, the company reported the lapse of various Performance Rights tied to share price and drilling results that were not met by the set deadline.
For further insights into AU:MGA stock, check out TipRanks’ Stock Analysis page.