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Impact Minerals Issues New Unquoted Equity Securities

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Impact Minerals Issues New Unquoted Equity Securities

TipRanks Cyber Monday Sale

An announcement from Impact Minerals Limited ( (AU:IPT) ) is now available.

Impact Minerals Limited announced the issuance of 13,000,000 unquoted equity securities in the form of options expiring on December 5, 2028, with an exercise price of $0.80. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, potentially impacting the company’s capital structure and aligning employee interests with long-term company performance.

More about Impact Minerals Limited

Impact Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the discovery and extraction of precious metals and minerals, with a market focus on expanding its resource base and enhancing shareholder value.

YTD Price Performance: -42.55%

Technical Sentiment Signal: Sell

Current Market Cap: A$25.62M

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

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