Lotus Resources Limited ( (AU:LOT) ) has shared an announcement.
Lotus Resources Limited announced that its board has approved the pro rata retention of unvested options for former Technical Director Keith Bowes, following his resignation. This decision aligns with the company’s ‘Good Leaver’ policy, allowing Bowes to retain a portion of his options based on his service period, which will vest according to the original schedule. This move reflects Lotus’s commitment to fair and equitable treatment of its executives, potentially impacting stakeholder perceptions positively.
More about Lotus Resources Limited
Lotus Resources Limited is a prominent player in the uranium industry, with a strong focus on Africa. The company holds an 85% interest in the Kayelekera Uranium Project in Malawi and full ownership of the Letlhakane Uranium Project in Botswana. Lotus is committed to creating value for shareholders and local communities, with significant mineral resources and a positive restart study indicating a viable operation at Kayelekera.
YTD Price Performance: -22.50%
Average Trading Volume: 11,355,387
Technical Sentiment Signal: Buy
Current Market Cap: A$378M
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