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The latest update is out from Iltani Resources Ltd. ( (AU:ILT) ).
Iltani Resources Limited has reported a change in the holdings of director Anthony Reilly following the cashless exercise of unlisted options. Through associated entities, Reilly converted 2,000,000 options exercisable at $0.30 each into 1,076,923 fully paid ordinary shares, resulting in the lapse of those options and increasing his indirect shareholding to 2,076,923 shares, while retaining 2,000,000 unlisted options exercisable at $0.40 before June 2027. The transaction, which did not occur during a closed trading period, modestly increases Reilly’s equity exposure to the company and may be interpreted by investors as a signal of confidence in Iltani Resources’ longer-term prospects, while slightly simplifying its capital structure by reducing lower‑priced options on issue.
More about Iltani Resources Ltd.
Iltani Resources Limited is an Australian-listed company in the resources sector. While this notice does not specify its exact commodities or projects, the company operates within the broader mining and exploration industry and is subject to ASX listing and disclosure rules.
Average Trading Volume: 273,314
Technical Sentiment Signal: Buy
Find detailed analytics on ILT stock on TipRanks’ Stock Analysis page.