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Firebird Metals Director Evan Cranston Boosts Indirect Share and Option Holdings

Story Highlights
  • Director Evan Cranston has increased his indirect holdings via a shareholder-approved share placement.
  • Cranston’s entities now hold more shares and a larger suite of incentive options, aligning interests with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Firebird Metals Director Evan Cranston Boosts Indirect Share and Option Holdings

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Firebird Metals Ltd. ( (AU:FRB) ) has shared an announcement.

Firebird Metals director Evan Cranston has increased his indirect stake in the company through related entity Konkera Pty Ltd, participating in a shareholder-approved share placement at $0.15 per share and receiving additional incentive options. Following the transaction, Cranston’s associated entities now hold a larger parcel of fully paid ordinary shares and a significantly expanded suite of unlisted options with exercise prices ranging from $0.30 to $1.00 and expiries between 2026 and 2028, underscoring management’s financial exposure to the company’s future performance and aligning director incentives with shareholder outcomes.

The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.

More about Firebird Metals Ltd.

Firebird Metals Limited is an Australian-listed company; the release does not specify its sector or core operations, but it is traded on the ASX and has a capital structure that includes fully paid ordinary shares and various classes of unlisted options issued to directors and related entities.

Average Trading Volume: 294,608

Technical Sentiment Signal: Buy

Current Market Cap: A$29.01M

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

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