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Austral Resources Announces Lapse of Director’s Performance Rights

Story Highlights
  • Austral Resources disclosed a change in director’s interest involving Michael Hansel.
  • 881,842 performance rights lapsed due to unmet vesting conditions, with no impact on existing shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Austral Resources Announces Lapse of Director’s Performance Rights

Elevate Your Investing Strategy:

The latest announcement is out from Austral Resources Australia Limited ( (AU:AR1) ).

Austral Resources Australia Limited announced a change in the director’s interest notice involving Michael Hansel. The company disclosed that 881,842 performance rights held by MHHG Holdings Pty Ltd, where Mr. Hansel is a director and shareholder, have lapsed due to unmet vesting conditions. This change does not impact the number of shares held by Mr. Hansel through Hamick Pty Ltd and MHHG Holdings Pty Ltd.

More about Austral Resources Australia Limited

Technical Sentiment Signal: Hold

Current Market Cap: A$84.35M

For detailed information about AR1 stock, go to TipRanks’ Stock Analysis page.

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