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ORE RESOURCES LIMITED — Share Issue/Capital Change 2021
Aug 9, 2021
65504_rns_2021-08-09_cc799b06-e1d3-47c4-8a6c-5ec278e4ae7f.pdf
Share Issue/Capital Change
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ASX ANNOUNCEMENT (ASX:AOU)
10 August 2021
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Proposed Issue of Securities to Directors and Employees
Auroch Minerals Limited ( ASX:AOU ) ( Auroch or the Company ) is proposing, subject to shareholder approval, to issue 7,900,000 Performance Rights and 4,400,000 unlisted Options to the Directors of the Company, as detailed in the accompanying Appendix 3B.
The Company further resolved to issue 3,050,000 Performance Rights and 900,000 unlisted Options to its employees in accordance with Auroch’s Employee Securities Incentive Plan ( ESIP ) that was approved by shareholders at the Company’s Annual General Meeting on 16 December 2020. The details of these issues can be found in the accompanying Appendix 3G.
The proposed issue of securities is to provide long term incentives to the Directors and employees of Auroch Minerals Ltd and to align their interests with those of the Company.
This announcement has been authorised by the Board of Directors of the Company.
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For further information visit www.aurochminerals.com or contact:
Aidan Platel Managing Director E: [email protected]
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Auroch Minerals Ltd ABN 91 148 966 545 Suite 10, 38-40 Colin St West Perth WA 6005 Phone: +61 8 6383 7817 Fax: +61 8 6245 9853 Email: [email protected] www.aurochminerals.com