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Lightning Minerals Ltd Appoints New Director with Performance-Based Incentives

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Lightning Minerals Ltd Appoints New Director with Performance-Based Incentives

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Lightning Minerals Ltd. ( (AU:L1M) ) has issued an announcement.

Lightning Minerals Ltd has announced the appointment of David Vilensky as a director, effective from October 3, 2025. As part of his appointment, Vilensky will receive 500,000 unlisted options and 436,364 performance rights, contingent upon shareholder approval. This move is likely to strengthen the company’s leadership and potentially enhance its market position by aligning the director’s interests with the company’s performance.

More about Lightning Minerals Ltd.

Lightning Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources.

Average Trading Volume: 927,011

Technical Sentiment Signal: Buy

Learn more about L1M stock on TipRanks’ Stock Analysis page.

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