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The latest announcement is out from New Zealand Oil & Gas Limited ( (AU:ECH) ).
Echelon Resources Limited has notified the market of the issue of 3,830,126 unquoted options to acquire ordinary shares, granted on 18 December 2025 under an employee incentive scheme. The move expands the company’s pool of unquoted equity linked to staff incentives, signalling an ongoing reliance on equity-based compensation that may modestly dilute existing shareholders over time while seeking to align employees’ interests with long-term company performance.
More about New Zealand Oil & Gas Limited
Echelon Resources Limited is an Australian-listed company on the ASX (code ECH). While this notice does not specify its sector or operations, the company is active in the equity markets and uses employee incentive schemes as part of its remuneration and retention strategy.
YTD Price Performance: 3.40%
Average Trading Volume: 18,059
Technical Sentiment Signal: Sell
Current Market Cap: A$75.02M
Find detailed analytics on ECH stock on TipRanks’ Stock Analysis page.