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An announcement from Sun Silver Ltd. ( (AU:SS1) ) is now available.
Sun Silver Ltd. has announced that the vesting condition for Tranche 1 of its Performance Rights has been met, allowing 650,000 Performance Rights to be converted into ordinary shares. This development follows the completion of a drill program and 12 months of continuous service by a Director, marking a significant milestone for the company. These shares will be subject to a 24-month escrow period, indicating a strategic move to strengthen the company’s market position and ensure long-term stakeholder confidence.
More about Sun Silver Ltd.
Sun Silver Ltd. operates in the mining industry, focusing primarily on silver extraction and exploration activities in Australia.
YTD Price Performance: 16.80%
Average Trading Volume: 614,262
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$105.7M
For an in-depth examination of SS1 stock, go to TipRanks’ Stock Analysis page.
