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Orpheus Uranium Grants 8 Million Performance Rights to Director

Story Highlights
  • Orpheus Uranium issued 8 million new performance rights to director Clinton Dubieniecki at no cash cost.
  • The grant boosts Dubieniecki’s equity exposure and aligns management incentives with long-term shareholder value.
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Orpheus Uranium Grants 8 Million Performance Rights to Director

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Argonaut Resources ( (AU:ORP) ) has provided an announcement.

Orpheus Uranium has reported a change in director Clinton Dubieniecki’s holdings following the issue of 8 million performance rights, expiring in November 2030 at a notional price of $0.16, for nil cash consideration. The new performance rights, which were approved by shareholders, significantly increase Dubieniecki’s equity-linked exposure and align his incentives more closely with long-term shareholder value, underscoring the company’s continued use of equity-based compensation to retain and motivate key management.

More about Argonaut Resources

Orpheus Uranium Limited is an ASX-listed company focused on uranium exploration and development, positioning itself within the energy and resources sector as a developer of uranium assets for future supply into global nuclear fuel markets.

YTD Price Performance: 22.00%

Average Trading Volume: 212,935

Technical Sentiment Signal: Sell

Current Market Cap: A$16.62M

For an in-depth examination of ORP stock, go to TipRanks’ Overview page.

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