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Stelar Metals Director Receives 500,000 Unlisted Options Under Remuneration Package

Story Highlights
  • Stelar Metals director William Dix acquired 500,000 unlisted options as remuneration.
  • The new options align Dix’s incentives with shareholders, with no change to shareholdings.
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Stelar Metals Director Receives 500,000 Unlisted Options Under Remuneration Package

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Stelar Metals Limited ( (AU:SLB) ) has issued an update.

Stelar Metals Limited has reported a change in director William Robert Dix’s interests, with the indirect acquisition of 500,000 unlisted options as part of his remuneration package, as approved by shareholders at the company’s 2025 AGM. The options, priced at $0.043 each under a Black-Scholes valuation, carry an exercise price of $0.15 and expire on 30 December 2028, increasing Dix’s equity-based exposure to the company and further aligning his incentives with shareholder interests without altering his existing shareholdings.

More about Stelar Metals Limited

Stelar Metals Limited is an Australian-listed resources company focused on mineral exploration and development, operating within the metals and mining sector and listed on the ASX.

Average Trading Volume: 84,701

Technical Sentiment Signal: Hold

For an in-depth examination of SLB stock, go to TipRanks’ Overview page.

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