Sandfire Resources America Announces Approval of Long-Term Incentive Plan
Rhea-AI Summary
On December 13, 2022, at the Annual General Meeting of Shareholders, Sandfire Resources America announced that its shareholders approved a new 2.5% long-term incentive plan. This plan is detailed in the management information circular dated November 3, 2022, which is available on SEDAR under Sandfire America's profile. The approval of this plan aims to align shareholder interests with management performance, enhancing growth and value for investors.
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News Market Reaction – SRAFF
In the trading session that priced this news, SRAFF gained 1.56%, reflecting a mild positive market reaction.
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WHITE SULPHUR SPRINGS, Mont., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. ("Sandfire America" or the "Company") announces that at its Annual General Meeting of Shareholders (the “Meeting”) held on December 13, 2022, Sandfire America’s shareholders approved the adoption of its proposed
The Plan is fully described in the Company’s management information circular dated November 3, 2022 (the “Information Circular”). The full text of the Plan is also appended to the Information Circular as Schedule “A”, a copy of which has been filed on SEDAR at www.sedar.com under Sandfire America’s profile.
Contact Information:
Sandfire Resources America Inc.
Nancy Schlepp, VP of Communications
Mobile: 406-224-8180
Office: 406-547-3466
Email: nschlepp@sandfireamerica.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
