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Metallium Ltd. Announces Vesting of CEO’s Performance Rights

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Metallium Ltd. Announces Vesting of CEO’s Performance Rights

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Mt Monger Resources Ltd. ( (AU:MTM) ) has shared an update.

Metallium Limited, trading under ASX: MTM and OTCQX: MTMCF, announced the vesting of 2,500,000 Performance Rights for its Managing Director and CEO, Michael Walshe, as part of the company’s Equity Incentive Plan. These rights, which can be converted into fully paid ordinary shares, were vested due to continuous employment for 12 months. This development signifies a step in Metallium’s commitment to rewarding its leadership, potentially impacting its operational dynamics and stakeholder interests.

The most recent analyst rating on (AU:MTM) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.

More about Mt Monger Resources Ltd.

Average Trading Volume: 8,054,200

Technical Sentiment Signal: Buy

Current Market Cap: A$633.3M

Learn more about MTM stock on TipRanks’ Stock Analysis page.

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