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Advance Metals Grants 2 Million Performance Rights to Director David O’Connor

Story Highlights
  • Advance Metals has issued director David O’Connor 2,000,000 performance rights.
  • The nil-cost, shareholder-approved grant aligns the director’s incentives with company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Advance Metals Grants 2 Million Performance Rights to Director David O’Connor

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The latest update is out from Pacific American Holdings Ltd. ( (AU:AVM) ).

Advance Metals Limited has disclosed a change in the interests of director David O’Connor, who has been issued 2,000,000 performance rights following shareholder approval. The issue, made for no cash consideration, increases O’Connor’s holding in the company from zero to 2,000,000 performance rights, aligning his incentives more closely with company performance and signaling continued use of equity-based remuneration in the company’s governance framework.

More about Pacific American Holdings Ltd.

Advance Metals Limited is an Australian-listed company active in the metals and resources sector, focused on acquiring, exploring and developing mineral assets. The company targets projects that offer exposure to commodities used in industrial and emerging technology applications, seeking to build a portfolio that can benefit from global demand for metals.

Average Trading Volume: 6,249,005

Technical Sentiment Signal: Buy

Current Market Cap: A$50.7M

For an in-depth examination of AVM stock, go to TipRanks’ Overview page.

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