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Dreadnought Resources Limited ( (AU:DRE) ) has provided an announcement.
Dreadnought Resources Limited announced the issuance of 1,840,000 unlisted options to directors as a substitute for salaries, following shareholder approval. This strategic move is aimed at conserving cash for exploration activities, with directors having invested over $7.8 million in the company, highlighting their commitment and confidence in its future growth.
More about Dreadnought Resources Limited
Dreadnought Resources Limited is a company operating in the mining industry, focusing on exploration activities. The company is listed on the Australian Securities Exchange (ASX) under the ticker DRE and is committed to preserving cash for exploration purposes.
Average Trading Volume: 16,328,876
Technical Sentiment Signal: Buy
Current Market Cap: A$167.8M
See more data about DRE stock on TipRanks’ Stock Analysis page.