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ROX RESOURCES LIMITED — Capital/Financing Update 2024
Jun 26, 2024
65741_rns_2024-06-26_756b8b6c-467d-493f-8e98-27f0d3012bac.pdf
Capital/Financing Update
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RRL1918
ASX Announcement
27 June 2024
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Vesting of Performance Rights
Rox Resources Limited (ASX: RXL) (“ Rox ” or “ the Company ”) advises that pursuant to ASX Listing Rule 3.10.7, the vesting condition which applies to 360,000 Performance Rights has been satisfied, and these Performance Rights can now be converted into fully paid ordinary shares in the Company ( Shares ) at the election of the holder at any time prior to 31 December 2027.
The Company confirms that this Performance Milestone was met upon the achievement of KPI’s for certain employees.
The Performance Rights were granted to certain employees under the Company's employee incentive plan, adopted at the 2022 annual general meeting,
The Company will apply for quotation of the applicable Shares issued on conversion of these Performance Rights by the holder.
Authorised for release to the ASX by the Board of Rox Resources Limited.
***** ENDS *****
For more information:
Robert Ryan Managing Director Rox Resources Limited
Tel: +61 8 9226 0044
Nicholas Read Investor Relations Read Corporate
Tel: 0419 929 046
E: [email protected] E: [email protected]
Legal/82920934_1