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Western Yilgarn NL Announces Director’s Interest Change

Story Highlights
  • Western Yilgarn NL issued 1,100,000 incentive options to director John Ciganek.
  • The options vest upon achieving specific market price targets, aligning director interests with company goals.
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Western Yilgarn NL Announces Director’s Interest Change

The latest update is out from Pacific Bauxite Limited ( (AU:WYX) ).

Western Yilgarn NL has announced a change in the director’s interest notice related to John Ciganek. The company has issued 1,100,000 incentive options to Mr. Ciganek through the Ciganek Family Trust, following approval at the general meeting held on March 6, 2025. This issuance includes Class A, B, and C incentive options, which vest upon achieving specific market price targets. This move is likely aimed at aligning the director’s interests with the company’s performance goals, potentially impacting the company’s operational focus and stakeholder confidence.

More about Pacific Bauxite Limited

YTD Price Performance: 95.00%

Average Trading Volume: 181,165

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$4.47M

Find detailed analytics on WYX stock on TipRanks’ Stock Analysis page.

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