Mindax Limited ( (AU:MDX) ) has shared an update.
Mindax Limited has announced the issuance of 25,000,000 unlisted options to its directors, employees, consultants, and contractors. This move aims to align the interests of directors with shareholders and conserve cash resources while providing incentives for the development of the Mt Forrest project. The options, which will be issued for no consideration, have an exercise price of $0.07 and expire on 30 November 2025.
More about Mindax Limited
Mindax Limited operates in the mineral exploration sector, focusing on advancing the development of projects such as the Mt Forrest project.
YTD Price Performance: -5.00%
Average Trading Volume: 245,871
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$77.85M
See more data about MDX stock on TipRanks’ Stock Analysis page.