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An announcement from Red Mountain Mining Ltd ( (AU:RMX) ) is now available.
Red Mountain Mining Limited has issued an addendum to its Notice of General Meeting, scheduled for June 20, 2025. The addendum includes new Resolutions 5 and 6, which propose issuing up to 50,000,000 Performance Rights to a director, Mr. Lincoln Liu, and to Xcel Capital Pty Ltd. Shareholders are advised to use a Replacement Proxy Form if they wish to vote on these additional resolutions. This move could impact the company’s governance and stakeholder engagement by potentially aligning interests through performance-based incentives.
More about Red Mountain Mining Ltd
Technical Sentiment Signal: Sell
Current Market Cap: A$4.18M
For detailed information about RMX stock, go to TipRanks’ Stock Analysis page.