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Rockfire Resources PLC ( (GB:ROCK) ) has issued an announcement.
Rockfire Resources PLC has granted options for 57,000,000 new ordinary shares to its directors at an exercise price of 0.32 pence per share, effectively doubling the mid-market closing price. This strategic move, which immediately vested, marks a significant increase in the company’s outstanding options, now representing approximately 1.45% of the issued share capital. This grant indicates a commitment to align the interests of the directors with the company’s growth, potentially impacting its market positioning by enhancing stakeholder confidence.
More about Rockfire Resources PLC
Rockfire Resources PLC is a company engaged in the exploration of gold, base metals, and critical minerals. It holds a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland, Australia. Notable assets include the Molaoi deposit in Greece with significant zinc, lead, and silver resources, and the Plateau and Copperhead deposits in Queensland, which contain gold, silver, copper, and molybdenum.
YTD Price Performance: -43.57%
Average Trading Volume: 66,784,354
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.22M
For an in-depth examination of ROCK stock, go to TipRanks’ Stock Analysis page.
