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Scorpion Minerals Director Acquires Shares Through Fee Conversion

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Scorpion Minerals Limited ( (AU:SCN) ) has shared an announcement.

Scorpion Minerals Limited announced a change in the interest of its director, Mr. Michael Kitney, who has acquired 750,000 fully paid ordinary shares and 375,000 unlisted options. This acquisition was made by converting unpaid director’s fees into shares, aligning with the company’s placement terms approved by shareholders. This move reflects the company’s strategy to manage director compensation and align interests with shareholder value.

More about Scorpion Minerals Limited

Average Trading Volume: 953,622

Technical Sentiment Signal: Buy

Current Market Cap: A$10.76M

Find detailed analytics on SCN stock on TipRanks’ Stock Analysis page.

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