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Rockfire Resources PLC ( (GB:ROCK) ) has shared an announcement.
Rockfire Resources PLC has announced the grant of options to subscribe for 175,000,000 new ordinary shares to its directors as part of their service agreements. These options, priced at 0.25 pence per share, are set to expire in February 2028 and have increased the total outstanding options to 232,000,000, representing approximately 5.89% of the company’s issued share capital. This move reflects the company’s strategy to align the interests of its directors with shareholders and could potentially impact the company’s market positioning by incentivizing leadership to drive growth and value.
More about Rockfire Resources PLC
Rockfire Resources PLC is a gold, base metal, and critical mineral exploration company with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland, Australia. The company holds significant resources at the Molaoi deposit in Greece and the Plateau deposit in Queensland, which is under a joint venture with Sunshine Metals Ltd.
YTD Price Performance: -35.00%
Average Trading Volume: 111,388,390
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.63M
For detailed information about ROCK stock, go to TipRanks’ Stock Analysis page.