tiprankstipranks
Mitre Mining Welcomes New Director, Plans Incentives
Company Announcements

Mitre Mining Welcomes New Director, Plans Incentives

Mitre Mining Corporation Limited (AU:MMC) has released an update.

Mitre Mining Corporation Limited has announced the appointment of David Southam as a director, effective from April 17, 2024. Southam’s interests include his spouse Lynnette Edwards holding 142,857 fully paid ordinary shares, and he is poised to receive 1.5 million performance rights subject to shareholder approval and certain vesting conditions. These rights are part of the company’s Employee Securities Incentive Plan and will vest over a period up to February 19, 2027, upon achieving specific service milestones and share price targets.

For further insights into AU:MMC stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!