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Aurania Directors Opt for Stock Options Over Cash

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Aurania Directors Opt for Stock Options Over Cash

Aurania Resources (TSE:ARU) has released an update.

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Aurania Resources announced that its directors have opted to receive their quarterly fees in stock options instead of cash, with 54,000 options granted at an exercise price of C$0.425. This move reflects a growing trend among companies to align the interests of their directors with shareholders by offering compensation in the form of equity.

For further insights into TSE:ARU stock, check out TipRanks’ Stock Analysis page.

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