Commenting on the revised employment package for the CEO, the Company's Chairman
The Board is delighted to have been able to put in place a remuneration package that incentivises him with a revised cash compensation arrangement and an equity package that will reward him when milestone performance hurdles (both market driven and operational outcomes) are met. The equity remuneration milestones have been set to ensure that if they are achieved, there will be a corresponding uplift in Company value which will benefit shareholders. Consideration has been given to peer company remuneration and the potential for operational success in the medium and long term given the understanding of the Company's portfolio of assets.
The equity package has also been offered to the Company's Exploration Manager,
Contact:
Tel: +61 8 6245 9821
Email: michael.walshe@voltaicresources.com
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