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Dreadnought Resources Issues New Unquoted Equity Securities

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Dreadnought Resources Issues New Unquoted Equity Securities

Confident Investing Starts Here:

Dreadnought Resources Limited ( (AU:DRE) ) has provided an announcement.

Dreadnought Resources Limited has announced the issuance of new unquoted equity securities, specifically options expiring on May 30, 2029, with an exercise price of $0.018. This move is part of an employee incentive scheme, which could potentially enhance employee engagement and align their interests with the company’s long-term growth objectives.

The most recent analyst rating on (AU:DRE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.

More about Dreadnought Resources Limited

Dreadnought Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in identifying and advancing projects with potential for significant mineral deposits.

Average Trading Volume: 7,837,781

Technical Sentiment Signal: Sell

Current Market Cap: A$55.87M

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

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