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Stelar Metals Limited ( (AU:SLB) ) has provided an update.
Stelar Metals Limited will issue 1,750,000 unlisted options to its directors under the company’s Employee Incentive Securities Plan, with 750,000 options going to Chairman Stephen Biggins and 500,000 options each to non-executive directors Geoff Webster and Will Dix, following shareholder approval at the 2025 Annual General Meeting. Each option carries an exercise price of $0.15, is convertible into one ordinary share, and expires three years from issue, signaling the company’s continued use of equity-based incentives to align director remuneration with shareholder interests and the company’s long-term performance.
More about Stelar Metals Limited
Stelar Metals Limited (ASX: SLB) is an Australian-listed mining and exploration company operating in the metals sector, with its activities focused on discovering and developing mineral resources to supply metals markets.
Average Trading Volume: 99,226
Technical Sentiment Signal: Buy
Find detailed analytics on SLB stock on TipRanks’ Stock Analysis page.