Kincora Copper Revamps Board and Issues New Options

Kincora Copper (TSE:KCC) has released an update.

Kincora Copper Limited announced the transition of Ray Nadarajah from his role as a non-executive director to an advisor and reported the issuance of 24.5 million incentive stock options to board members, senior management, and advisors. The options, exercisable at A$0.075 per share, aim to align interests and create shareholder value while minimizing cash costs. These moves come after prior options lapsed and received shareholder approval at the last AGM.

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