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Koonenberry Gold Limited ( (AU:KNB) ) has issued an update.
Koonenberry Gold Limited announced the fulfillment of vesting conditions for Tranche B of their NED and MD Performance Rights, allowing the conversion of 5,950,000 rights into ordinary shares. Additionally, the company issued 3,766,800 performance rights as part of its Securities Incentive Plan to motivate future performance, indicating robust operational momentum and a focus on aligning employee incentives with company growth objectives.
More about Koonenberry Gold Limited
Koonenberry Gold Ltd is a minerals explorer focused on discovering gold and copper in significant geological terranes. The company has strategically positioned itself with a substantial exploration portfolio in New South Wales, covering 4,192 km², and aims to create value for shareholders through its projects, including the Enmore Gold Project and Lachlan Project.
YTD Price Performance: 240.0%
Average Trading Volume: 2,974,060
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$29.73M
See more data about KNB stock on TipRanks’ Stock Analysis page.
