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Greenland Minerals Limited ( (AU:ETM) ) has issued an announcement.
Energy Transition Minerals Ltd has notified the market that 1.2 million performance rights (ASX code: ETMAC) lapsed on 11 December 2025 after the conditions attached to those rights were not, or could no longer be, satisfied, resulting in a reduction of potential future equity issuance. The cessation of these performance rights modestly tightens the company’s prospective capital base and may reflect the non-achievement of specified performance or vesting milestones tied to management or employee incentives, with limited immediate impact on existing shareholders but potential implications for future incentive alignment.
The most recent analyst rating on (AU:ETM) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Greenland Minerals Limited stock, see the AU:ETM Stock Forecast page.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd is an Australian-listed resources company focused on minerals critical to the global energy transition, operating in the mining and exploration sector with an emphasis on projects that support decarbonisation-related supply chains.
Average Trading Volume: 4,537,369
Technical Sentiment Signal: Buy
Current Market Cap: A$198.2M
See more insights into ETM stock on TipRanks’ Stock Analysis page.