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The latest update is out from Redstone Resources Limited ( (AU:RDS) ).
Redstone Resources has updated the market on a change in director Richard Homsany’s interests, following the issue of 20 million unquoted options to Cardinals Corporate Pty Ltd, an entity he controls, exercisable at $0.00435 and expiring on 20 November 2030. The options, which were granted for nil consideration under shareholder approval at the company’s 2025 annual general meeting, materially increase Homsany’s exposure to the company’s equity via long-dated options and signal continued use of option-based incentives in Redstone’s governance and remuneration framework.
More about Redstone Resources Limited
Redstone Resources Limited is an Australia-listed company focused on mineral exploration and development, with its securities traded on the ASX. The company operates within the resources sector and issues ordinary shares and various classes of unquoted options as part of its capital and incentive structures.
Current Market Cap: A$3.07M
See more insights into RDS stock on TipRanks’ Stock Analysis page.