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An update from Aus Tin Mining Limited ( (AU:C7A) ) is now available.
Clara Resources Australia Limited has disclosed a significant change in director Richard Willson’s indirect interest, following shareholder approval at a recent general meeting. Through related entity Red Dog #1 Pty Ltd, Willson acquired 13,333,333 new ordinary shares at $0.003 per share via debt conversion, alongside 25,000,000 unlisted options issued at no consideration.
The transaction lifts Red Dog #1 Pty Ltd’s holding to 22,913,157 ordinary shares and a total of 25,750,000 unlisted options across two option series with differing exercise prices and maturities. The move strengthens the director’s alignment with shareholders and reflects ongoing efforts by Clara Resources to restructure its balance sheet and incentivise longer-term commitment through staged option vesting over three years.
The most recent analyst rating on (AU:C7A) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Aus Tin Mining Limited stock, see the AU:C7A Stock Forecast page.
More about Aus Tin Mining Limited
Clara Resources Australia Limited, formerly associated with Aus Tin Mining, is an Australia-based resources company focused on mineral exploration and development. The company is listed on the ASX and its capital structure includes ordinary shares and various classes of unlisted options held by directors and related entities.
Technical Sentiment Signal: Sell
Current Market Cap: A$7.3M
Learn more about C7A stock on TipRanks’ Stock Analysis page.