Arika Resources Issues Unquoted Equity Securities

Metalicity Limited (AU:ARI) has released an update.

Arika Resources Limited has announced the issue of 21 million unquoted equity securities in the form of options, set to expire in December 2027. These options, priced at $0.05 and $0.06 respectively, are part of an employee incentive scheme and will remain unquoted on the ASX until transfer restrictions are lifted. This move could potentially impact the company’s stock dynamics and attract interest from investors keen on its growth prospects.

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