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Errawarra Resources Ltd. ( (AU:WCE) ) has provided an update.
West Coast Silver Limited has disclosed a change in the interests of director Bruce Garlick following the conversion of performance rights into ordinary shares. Garlick, through his superannuation entity, converted 2 million performance rights into 2 million fully paid ordinary shares at a deemed issue price of A$0.26 per share, reflecting the market price at the time of issue, increasing his indirect shareholding while reducing his performance rights, with no cash consideration involved; the transaction followed the satisfaction of vesting milestones and did not occur during a closed trading period, indicating compliance with the company’s governance and ASX disclosure obligations.
More about Errawarra Resources Ltd.
West Coast Silver Limited is an Australian-listed company, though the announcement provides no further details about its industry, projects or core operations.
Average Trading Volume: 2,758,221
Technical Sentiment Signal: Buy
Current Market Cap: A$91.46M
For an in-depth examination of WCE stock, go to TipRanks’ Overview page.