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Griffin Mining ( (GB:GFM) ) has issued an announcement.
Griffin Mining Limited announced the cancellation of 6 million shares previously issued under its Share Incentive Plan and the issuance of 7 million new shares to Keynes Capital, the employer of Mladen Ninkov, under more stringent terms. This move aims to align the incentive structure with shareholder expectations, as the new shares are subject to specific contractual terms and are set to be traded on the AIM by January 2025, affecting stakeholders’ interest calculations.
More about Griffin Mining
Griffin Mining Limited operates in the mining industry, focusing on the extraction of zinc, gold, silver, and lead metals through its majority-owned Caijiaying Zinc Gold Mine in China. The company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange.
YTD Price Performance: 69.94%
Average Trading Volume: 121,879
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £269.4M
For an in-depth examination of GFM stock, go to TipRanks’ Stock Analysis page.
