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The latest announcement is out from High-Tech Metals Limited ( (AU:HTM) ).
High-Tech Metals Ltd has notified the market of the issue of several classes of unquoted performance rights, totalling 6.6 million securities, which are not intended to be quoted on the ASX. These rights will vest on achieving specified resource and market milestones, including defined JORC gold resource thresholds and volume-weighted average price (VWAP) targets, signalling a management focus on aligning incentives with both exploration success and share price performance, and potentially diluting existing holders if the milestones are met.
More about High-Tech Metals Limited
High-Tech Metals Ltd (ASX: HTM) is an exploration-focused resources company listed on the Australian Securities Exchange, with activities oriented toward gold and related metals projects assessed under JORC resource standards.
Average Trading Volume: 55,115
Technical Sentiment Signal: Buy
Current Market Cap: A$17.52M
See more data about HTM stock on TipRanks’ Stock Analysis page.