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Rimfire Pacific Mining Alternate Director Increases Equity Stake Through Option Exercise

Story Highlights
  • Rimfire Pacific Mining director Gregory Keane exercised 6.75 million options into fully paid shares.
  • Keane’s direct and indirect holdings increased, reinforcing his alignment with Rimfire shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rimfire Pacific Mining Alternate Director Increases Equity Stake Through Option Exercise

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An announcement from Rimfire Pacific Mining Limited ( (AU:RIM) ) is now available.

Rimfire Pacific Mining Limited has reported a change in the interests of Alternate Director Gregory Keane, who has converted 6,750,000 unquoted options into an equivalent number of fully paid ordinary shares at an exercise price of $0.0125 per share. Following the exercise of these options, Keane now holds 7,156,044 fully paid ordinary shares and 8,250,000 unquoted options directly, in addition to 6,900,000 fully paid ordinary shares held indirectly through his superannuation fund, signaling an increased direct equity stake and ongoing alignment with shareholder interests.

The most recent analyst rating on (AU:RIM) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Rimfire Pacific Mining Limited stock, see the AU:RIM Stock Forecast page.

More about Rimfire Pacific Mining Limited

Rimfire Pacific Mining Limited is an Australian-listed resources company engaged in mineral exploration and development. The company focuses on identifying and advancing precious and base metal projects, leveraging equity markets to fund ongoing exploration activities.

Average Trading Volume: 3,155,801

Technical Sentiment Signal: Hold

Current Market Cap: A$41.49M

See more insights into RIM stock on TipRanks’ Stock Analysis page.

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