Toubani Resources Sets Terms for Performance Rights

Toubani Resources Limited Registered Shs (AU:TRE) has released an update.

Toubani Resources Limited has outlined the terms for vesting Performance Rights, which upon fulfillment, entitle holders to receive fully paid ordinary shares. The rights will expire three years from the grant date unless specific milestones are met, including definitive feasibility study results and obtaining necessary permits for the Kobada Gold Project. Performance Rights will lapse if conditions are not met within the allotted time frame, with shares issued promptly after all conditions are satisfied.

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