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Castle Minerals Limited ( (AU:CDT) ) has issued an update.
No company background was provided in the release. Castle Minerals Limited issued 1,000,000 unquoted Performance Rights (Class D) on 16 December 2025, expiring 16 December 2028, under its employee incentive scheme; these securities are not intended to be quoted on ASX. The grant reflects the company’s use of equity-based remuneration to align and retain personnel, has minimal immediate cash impact, and could lead to dilution of existing shareholders if the rights vest and convert to shares, so stakeholders should monitor potential changes to the company’s capital structure and executive incentive alignment.
More about Castle Minerals Limited
Average Trading Volume: 629,570
Technical Sentiment Signal: Sell
Current Market Cap: A$10.4M
Learn more about CDT stock on TipRanks’ Stock Analysis page.