Oriole Resources recognises management role in earn-in out deals
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Oriole Resources has granted its management team additional share options as a reward for two earn-in agreements with BCM International. The options are issued at a 14% premium to the previous closing price.
November 13, 2024 | 8:00 am
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Oriole Resources has issued 166.7 million share options to its management team at a 14% premium, recognizing their role in earn-in agreements with BCM International.
The issuance of share options at a premium suggests confidence in future performance and aligns management incentives with shareholder interests, potentially boosting investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80