Elevra Lithium Converts Performance Rights to Shares

Tip Ranks
2025.11.17 21:40
portai
I'm PortAI, I can summarize articles.

Elevra Lithium Limited announced the conversion of 10,649 unquoted performance rights into ordinary fully paid shares as part of its Employee Share and Option Plan. This move, executed by key management personnel Sylvain Collard, aims to enhance the company's equity structure and align key personnel interests with shareholder value. The company's stock has a Hold rating with a A$5.00 price target. Elevra operates in the lithium industry, focusing on lithium product development and exploration.