Adavale Resources Limited ( (AU:ADD) ) has shared an announcement.
Adavale Resources Limited has announced the appointment of David Ward as a Non-Executive Director, effective April 10, 2025. As part of his appointment, Mr. Ward is set to receive 30 million Performance Rights, contingent upon the company’s share price reaching specific VWAP targets over a 20-day trading period. This strategic move is likely to align Mr. Ward’s interests with the company’s performance, potentially impacting its market positioning and shareholder value.
More about Adavale Resources Limited
Technical Sentiment Signal: Buy
Current Market Cap: A$4.57M
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