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Chase Mining Corporation Limited ( (AU:GCM) ) just unveiled an update.
GCM Corporation Limited, listed on the ASX under the code GCM, has issued new classes of unquoted equity securities as part of its capital management and employee remuneration strategy.
The company has created and granted 5 million Class M Performance Rights expiring two years from the issue date and 5 million Class N Performance Rights expiring three years from the issue date, both issued under an employee incentive scheme and not intended to be quoted on the ASX, indicating a focus on aligning staff and management incentives with longer-term corporate performance and shareholder interests.
The most recent analyst rating on (AU:GCM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Chase Mining Corporation Limited stock, see the AU:GCM Stock Forecast page.
More about Chase Mining Corporation Limited
Average Trading Volume: 15,699,165
Technical Sentiment Signal: Sell
Current Market Cap: A$37.43M
Learn more about GCM stock on TipRanks’ Stock Analysis page.