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Tempest Minerals Issues Unquoted Equity Securities for Employee Incentive

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Tempest Minerals Issues Unquoted Equity Securities for Employee Incentive

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Tempest Minerals Limited ( (AU:TEM) ) has provided an announcement.

Tempest Minerals Limited has announced the issuance of 6,000,000 unquoted equity securities under the code TEMAB, which are options expiring on November 26, 2028, with an exercise price of $0.02. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and employee engagement strategies.

More about Tempest Minerals Limited

Tempest Minerals Limited operates in the mineral exploration industry, focusing on discovering and developing mineral resources. The company is involved in the exploration of various minerals, contributing to the resource sector’s growth and development.

YTD Price Performance: -9.09%

Average Trading Volume: 1,504,713

Technical Sentiment Signal: Sell

Current Market Cap: A$6.61M

Learn more about TEM stock on TipRanks’ Stock Analysis page.

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