DMC Mining Ltd. (AU:DMM) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
DMC Mining Limited has announced the issuance of 130 million Performance Shares, a new class of securities, following a shareholder resolution. These shares will convert into ordinary shares upon achieving certain milestones but do not confer voting rights, dividends, or capital returns. The move is part of a corporate strategy that does not affect existing shareholders’ rights or holdings.
For further insights into AU:DMM stock, check out TipRanks’ Stock Analysis page.