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Scorpion Minerals Converts Director Fees to Shares

Story Highlights
  • Scorpion Minerals converts unpaid director fees into shares for Director Kate Stoney.
  • The conversion aligns with previous placement terms and includes free attaching options.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Scorpion Minerals Limited ( (AU:SCN) ).

Scorpion Minerals Limited has announced a change in the director’s interest, specifically for Director Kate Stoney. The change involves the conversion of unpaid director’s fees into shares, aligning with the company’s placement terms announced earlier in February 2025. This conversion was approved by shareholders at the Extraordinary General Meeting held on 17 April 2025, and it includes free attaching options. This move reflects the company’s strategy to manage director compensation and align it with shareholder interests, potentially impacting the company’s financial structuring and stakeholder relations.

More about Scorpion Minerals Limited

Average Trading Volume: 953,622

Technical Sentiment Signal: Buy

Current Market Cap: A$10.76M

For a thorough assessment of SCN stock, go to TipRanks’ Stock Analysis page.

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