Summit Minerals Limited (AU:SUM) has released an update.
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Summit Minerals Limited has announced a change in the director’s interest, with Gower He acquiring an additional 500,000 fully paid ordinary shares while disposing of the same amount in performance rights. This adjustment reflects a vested interest, resulting in a new holding of 1,141,546 fully paid ordinary shares. The financial maneuver is part of a strategic plan involving performance rights and options exercisable at a set rate.
For further insights into AU:SUM stock, check out TipRanks’ Stock Analysis page.