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An announcement from Minerals 260 Limited ( (AU:MI6) ) is now available.
Minerals 260 Limited has notified the ASX of the planned issue of 3 million unquoted options under an employee incentive scheme, comprising 1.5 million options exercisable at $0.35 and 1.5 million options exercisable at $0.41, both expiring on 3 November 2028 and scheduled for issue on 26 November 2025. The issuance, which will not be quoted on the ASX, forms part of the company’s broader remuneration and retention strategy, aligning employees’ interests with long-term shareholder value and potentially expanding the company’s capital base if the options are exercised.
The most recent analyst rating on (AU:MI6) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.
More about Minerals 260 Limited
Minerals 260 Limited (ASX: MI6) is an Australian-listed resources company operating in the minerals exploration and development sector, focused on advancing its portfolio of mineral assets to create value for shareholders.
Average Trading Volume: 8,485,283
Technical Sentiment Signal: Buy
Current Market Cap: A$925.2M
See more insights into MI6 stock on TipRanks’ Stock Analysis page.