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Woomera Mining Adjusts Director’s Remuneration Through New Option Issuance

Story Highlights
  • Woomera Mining issued 9 million unlisted options to Director Duncan Gordon as part of his remuneration.
  • The move aligns leadership compensation with company growth, following shareholder approval at the AGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Woomera Mining Adjusts Director’s Remuneration Through New Option Issuance

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The latest update is out from Woomera Mining Ltd. ( (AU:OB1) ).

Woomera Mining Ltd. reported a change in Director Duncan Gordon’s interests, with the issuance of 9,000,000 unlisted options, exercisable at $0.04 each, as part of his remuneration, following shareholder approval during the company’s AGM. This development highlights internal adjustments in the company’s leadership compensation structure, potentially aligning management incentives with company growth objectives.

More about Woomera Mining Ltd.

Average Trading Volume: 384,593

Technical Sentiment Signal: Sell

Current Market Cap: A$5.27M

For detailed information about OB1 stock, go to TipRanks’ Stock Analysis page.

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