QEM Limited (AU:QEM) has released an update.
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QEM Limited has announced a proposed issuance of 5.5 million unlisted options and performance rights, set to take place on November 21, 2024. These include 1 million unlisted options expiring in October 2027 and 1.5 million expiring in July 2028, both with an exercise price of $0.14, along with 3 million performance rights. This strategic move is poised to attract investor interest and potentially enhance QEM’s market position.
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