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The latest announcement is out from Westar Resources Ltd. ( (AU:WSR) ).
Westar Resources Ltd has notified the market of the issue of 60 million unquoted 2025 Director Options, effective 24 December 2025, under a new class of securities to be confirmed by the ASX. The substantial grant of director options signals an ongoing use of equity-based incentives for key management, which may align director interests with shareholders but also introduces potential future dilution for existing investors if the options are exercised.
More about Westar Resources Ltd.
Westar Resources Ltd is an Australian-listed resources company (ASX: WSR) operating in the mining and exploration sector. The company focuses on identifying and advancing mineral resource projects, leveraging capital market instruments to support exploration, development and corporate activities.
Average Trading Volume: 1,254,514
Technical Sentiment Signal: Sell
Current Market Cap: A$2.75M
See more insights into WSR stock on TipRanks’ Stock Analysis page.