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Peel Mining Limited Issues Performance Rights to Directors and Employees

Story Highlights
  • Peel Mining issues 20 million Director and 17.5 million Employee Performance Rights.
  • The rights are part of an incentive scheme, expiring in 36 months, with transfer restrictions.
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Peel Mining Limited Issues Performance Rights to Directors and Employees

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Peel Mining Limited ( (AU:PEX) ) has issued an update.

Peel Mining Limited has announced the issuance of 20 million Director Performance Rights and 17.5 million Employee Performance Rights, both set to expire 36 months from the issue date of September 21, 2025. These securities are part of an employee incentive scheme and are subject to transfer restrictions, reflecting the company’s strategy to incentivize its leadership and workforce, potentially impacting its operational efficiency and stakeholder engagement.

The most recent analyst rating on (AU:PEX) stock is a Buy with a A$0.17 price target. To see the full list of analyst forecasts on Peel Mining Limited stock, see the AU:PEX Stock Forecast page.

More about Peel Mining Limited

Peel Mining Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the code PEX.

Average Trading Volume: 220,263

Technical Sentiment Signal: Sell

Current Market Cap: A$47.07M

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

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