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Ora Banda Mining ( (AU:OBM) ) has issued an announcement.
Ora Banda Mining Ltd has announced the issuance of unquoted equity securities as part of its employee incentive scheme. This includes the allocation of Performance Rights and Retention Rights set to expire on June 30, 2029, totaling over 13 million securities. This move is aimed at strengthening employee retention and aligning staff incentives with the company’s long-term objectives, potentially enhancing operational efficiency and stabilizing future workforce commitments.
More about Ora Banda Mining
Ora Banda Mining Ltd operates in the mining industry with a focus on the exploration and development of gold resources in Australia. The company is listed on the Australian Securities Exchange under the code OBM.
YTD Price Performance: 37.69%
Average Trading Volume: 8,474,617
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.68B
Find detailed analytics on OBM stock on TipRanks’ Stock Analysis page.
