Tertiary Minerals Grants Warrants to Directors and Employees
Why we think this is neutral
This RNS announcement is related to the grant of warrants to directors and employees of Tertiary Minerals plc. While the details of the warrant grants are provided, this type of announcement is not considered a mandatory news type that would significantly impact the company's performance or outlook. Therefore, a neutral sentiment score is appropriate.
Key Points
- Grant of 47,000,000 five-year warrants to employees and directors
- Warrants are exercisable at 0.05 pence per share
- Warrants become vested 12 months from the date of issue
Summary
The mining company has granted warrants to its directors and employees as part of their remuneration packages.
Tertiary Minerals plc (AIM:TYM), the London-listed explorer focused on copper and precious metals in Zambia and Nevada, USA, has announced the grant of a total of 47,000,000 five-year warrants to its employees and directors. The warrants are exercisable at 0.05 pence per share and become vested 12 months from the date of issue.
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