Black Cat Syndicate Ltd. (AU:BC8) has released an update.
Black Cat Syndicate Limited has announced the issue of 1,300,000 performance rights and 300,000 options exercisable at $0.405, both set to be actioned on April 19, 2024. These new unquoted equity securities are part of an employee incentive scheme and are not intended to be listed on the ASX. This move is aimed at bolstering the company’s performance by aligning employee interests with those of the company.
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