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Tesoro Gold Director Zeffron Reeves Receives Additional Performance Rights via Palin Trust

Story Highlights
  • Tesoro Gold director Zeffron Reeves has increased his indirect holding through new performance rights.
  • Additional Class N, O and P rights were issued at no cash cost, strengthening long-term incentive alignment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tesoro Gold Director Zeffron Reeves Receives Additional Performance Rights via Palin Trust

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The latest announcement is out from Tesoro Gold ( (AU:TSO) ).

Tesoro Gold has announced a change in the indirect holdings of director Zeffron Charles Reeves, who holds his interest as trustee and beneficiary of the Palin Trust. As of 31 December 2025, Reeves, via the Palin Trust, has been issued additional performance rights across three new classes (N, O and P) with no cash consideration, reflecting an equity-based incentive arrangement valued at an estimated fair value of $0.065 per right (pre-consolidation) as previously detailed to shareholders. The issuance expands the director’s exposure to performance-linked securities, aligning his interests more closely with long-term company performance and potentially affecting the overall incentive and governance framework for key management.

The most recent analyst rating on (AU:TSO) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Tesoro Gold stock, see the AU:TSO Stock Forecast page.

More about Tesoro Gold

Tesoro Gold Limited is a publicly listed company in the gold exploration and mining sector, focused on advancing its portfolio of gold assets and related securities on the ASX. The company’s capital structure includes fully paid ordinary shares and multiple classes of performance rights tied to defined performance-based vesting conditions over multi-year periods.

Average Trading Volume: 409,146

Technical Sentiment Signal: Buy

Current Market Cap: A$241M

Find detailed analytics on TSO stock on TipRanks’ Stock Analysis page.

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