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Stelar Metals Director’s 500,000 Unlisted Options Lapse

Story Highlights
  • Stelar Metals reported that Director Stephen Biggins saw 500,000 unlisted options expire unexercised.
  • After the expiry, Biggins now holds only fully paid ordinary shares indirectly, simplifying his equity position.
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Stelar Metals Director’s 500,000 Unlisted Options Lapse

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An update from Stelar Metals Limited ( (AU:SLB) ) is now available.

Stelar Metals Limited has disclosed a change in the interests of director Stephen Richard Biggins, reporting the expiry of 500,000 unlisted options that had an exercise price of $0.50 and were due to expire on 22 December 2025. Following the expiry, Biggins’ indirect holdings now consist solely of fully paid ordinary shares held through various private entities, with no remaining unlisted options, a routine development that marginally simplifies the company’s capital structure and clarifies the director’s equity exposure for investors.

More about Stelar Metals Limited

Stelar Metals Limited is an Australian-listed resources company operating in the metals and mining sector. It is focused on exploring and developing mineral assets, with its securities traded on the ASX under standard corporate governance and disclosure requirements for mining and exploration companies.

Average Trading Volume: 99,226

Technical Sentiment Signal: Buy

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

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