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Reward Minerals Limited ( (AU:RWD) ) has provided an announcement.
Reward Minerals Limited has issued 1,000,000 fully paid ordinary shares under its Employee Incentive Plan to a contractor for services rendered, without the need for disclosure under certain sections of the Corporations Act. This issuance aligns with the company’s compliance with regular reporting and disclosure obligations, and an Appendix 2A for the quotation of these shares has been released to the market. This move reflects Reward’s ongoing efforts to incentivize and retain talent, potentially strengthening its operational capabilities and market position.
More about Reward Minerals Limited
Reward Minerals Limited is an ASX-listed company specializing in the exploration and development of sulphate of potash. Its flagship project is the Carnarvon Potash Project in Western Australia. The company is also developing a proprietary processing technology for extracting high-purity sulphate of potash from seawater and high sulphate brines, for which it has filed patent applications.
YTD Price Performance: 1.67%
Average Trading Volume: 50,915
Technical Sentiment Signal: Sell
Current Market Cap: A$16.24M
See more data about RWD stock on TipRanks’ Stock Analysis page.