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Eastern Resources Limited Issues Unquoted Performance Rights

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Eastern Resources Limited Issues Unquoted Performance Rights

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Eastern Resources Limited ( (AU:EFE) ) has provided an update.

Eastern Resources Limited has announced the issuance of 6,000,000 unquoted performance rights under an employee incentive scheme. These securities are subject to a restriction on transfer and will not be quoted on the ASX until the restriction ends, reflecting the company’s strategy to incentivize its employees and align their interests with corporate goals.

More about Eastern Resources Limited

Average Trading Volume: 596,730

Technical Sentiment Signal: Sell

Current Market Cap: A$4.54M

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

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