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Adavale Resources Issues 25 Million Performance Rights

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Adavale Resources Issues 25 Million Performance Rights

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Adavale Resources Limited ( (AU:ADD) ) has provided an announcement.

Adavale Resources Limited announced the issuance of 25 million performance rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and are not listed on the ASX until these restrictions are lifted, potentially impacting employee motivation and retention.

More about Adavale Resources Limited

Adavale Resources Limited operates in the resources industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery and extraction of valuable minerals, positioning itself within the mining sector.

Average Trading Volume: 1,294,963

Technical Sentiment Signal: Sell

Current Market Cap: A$14M

See more data about ADD stock on TipRanks’ Stock Analysis page.

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