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Midas Minerals Limited ( (AU:MM1) ) just unveiled an announcement.
Midas Minerals Limited announced its proposal to issue performance rights to its Managing Director and Directors, contingent on the advancement of its Otavi and South Otavi Copper Projects in Namibia and the company’s share price growth. This initiative aims to align leadership incentives with the company’s exploration and market performance goals, potentially enhancing Midas’s operational focus and shareholder value.
More about Midas Minerals Limited
Midas Minerals is a junior mineral exploration company primarily focused on copper and precious metals. The company has projects in Western Australia, including the Newington and Challa Projects, and lithium projects in Canada. Midas is also acquiring the Otavi Copper Project in Namibia and has an option to earn an interest in the South Otavi project, both of which present significant exploration potential.
Average Trading Volume: 207,041
Technical Sentiment Signal: Buy
Current Market Cap: A$66.64M
Learn more about MM1 stock on TipRanks’ Stock Analysis page.