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Lord Resources Issues Unquoted Equity Securities for Employee Incentive

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Lord Resources Issues Unquoted Equity Securities for Employee Incentive

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Lord Resources Limited ( (AU:LRD) ) has provided an update.

Lord Resources Limited has announced the issuance of 1,900,000 unquoted equity securities, specifically options expiring on June 30, 2030, with an exercise price of $0.036. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and employee engagement strategy.

More about Lord Resources Limited

Average Trading Volume: 419,138

Technical Sentiment Signal: Buy

Current Market Cap: A$4.5M

Find detailed analytics on LRD stock on TipRanks’ Stock Analysis page.

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