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West Coast Silver Limited Issues New Performance Rights and Options

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West Coast Silver Limited Issues New Performance Rights and Options

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Errawarra Resources Ltd. ( (AU:WCE) ) has shared an update.

West Coast Silver Limited has announced the issuance of 1,000,000 performance rights and 100,000 unlisted options under its Employee Incentive Securities Plan, which was approved by shareholders. These performance rights are designed to motivate employees by tying vesting conditions to the company’s share price performance, with half vesting at a share price of $0.12 and the other half at $0.20. This move aims to align employee interests with company performance, potentially enhancing productivity and shareholder value.

More about Errawarra Resources Ltd.

Average Trading Volume: 1,793,678

Technical Sentiment Signal: Buy

Current Market Cap: A$39.02M

For an in-depth examination of WCE stock, go to TipRanks’ Overview page.

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