tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Venus Metals Issues 5.75 Million Unquoted Employee Incentive Options

Story Highlights
  • Venus Metals has issued 5.75 million unquoted options at $0.30, expiring November 2028.
  • These options form part of an employee incentive scheme and will not be quoted on ASX.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venus Metals Issues 5.75 Million Unquoted Employee Incentive Options

Claim 50% Off TipRanks Premium

Venus Metals Corporation Limited ( (AU:VMC) ) has issued an update.

Venus Metals Corporation Limited has notified the market that it has issued 5.75 million unquoted options exercisable at $0.30 each and expiring on 30 November 2028 under an employee incentive scheme. The move increases the company’s pool of unquoted equity-based incentives, aligning employee and stakeholder interests with long-term company performance while not affecting the quoted share capital directly, as the options are not intended to be listed on the ASX.

The most recent analyst rating on (AU:VMC) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on Venus Metals Corporation Limited stock, see the AU:VMC Stock Forecast page.

More about Venus Metals Corporation Limited

Average Trading Volume: 742,454

Technical Sentiment Signal: Buy

Current Market Cap: A$42.48M

For a thorough assessment of VMC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1