Aruma Issues Shares on Performance Rights Vesting Tied to Tillex Acquisition

Aruma Resources Limited ( (AU:AAJ) ) has shared an update.

Aruma Resources has issued 3,159,500 fully paid ordinary shares following the conversion of Class C performance rights granted to Managing Director Grant Ferguson in June 2025. The rights vested after the successful acquisition of the Tillex Copper-Silver Project, underscoring the company’s strategy of aligning executive incentives with the expansion of its core copper portfolio.

The new shares, which form part of Aruma’s quoted securities on the ASX, were issued without a prospectus under the Corporations Act’s cleansing provisions, with the company confirming it is compliant with its financial reporting and continuous disclosure obligations. The move marginally increases the company’s share base while signalling progress on a key growth asset in the Timmins mineral district, with implications for shareholder dilution balanced by the advancement of Aruma’s flagship project.

More about Aruma Resources Limited

Aruma Resources Limited is an ASX-listed, copper-focused exploration company developing a portfolio of projects in world-class mineral belts. Its core asset is the high-grade Tillex Copper-Silver Project in the Timmins mineral district of Ontario, Canada, complemented by copper exploration holdings in Queensland and multi-commodity projects in South Australia and Western Australia.

Average Trading Volume: 7,919,625

Technical Sentiment Signal: Hold

Current Market Cap: A$11.69M

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