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Canterbury Resources Ltd. ( (AU:CBY) ) has issued an announcement.
Canterbury Resources Ltd. has announced the issuance of 2,500,000 unquoted equity securities in the form of options, set to expire on June 30, 2028, with an exercise price of $0.03. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, indicating a strategic effort to retain and motivate key personnel, which could strengthen the company’s operational capabilities and competitive stance in the mining sector.
More about Canterbury Resources Ltd.
Canterbury Resources Ltd. operates within the mining industry, focusing on the exploration and development of mineral resources. The company primarily engages in the extraction of gold and copper, aiming to leverage its projects to enhance its market position.
Average Trading Volume: 385,122
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.47M
Find detailed analytics on CBY stock on TipRanks’ Stock Analysis page.