Alkane Resources Ltd ( (AU:ALK) ) has provided an announcement.
Alkane Resources Ltd announced a correction to a previously reported Change of Directors Interest Notice due to a minor mathematical error in the calculation of long-term performance rights (FY25 LTIs) issued to directors. The error, caused by a spreadsheet rounding issue, affected the Volume Weighted Average Price (VWAP) calculation, leading to a slight adjustment in the number of performance rights allocated to directors David Ian Chalmers and Nicholas Earner. This correction ensures accurate reporting and compliance with ASX listing rules, maintaining transparency and trust with stakeholders.
More about Alkane Resources Ltd
Alkane Resources Ltd is a company operating in the mining industry, primarily focused on the exploration and development of gold and other mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker ALK.
YTD Price Performance: 29.12%
Average Trading Volume: 5,643
Technical Sentiment Signal: Buy
Current Market Cap: $280.6M
Learn more about ALK stock on TipRanks’ Stock Analysis page.