G88 14.3% 1.2¢ golden mile resources ltd

Ann: Notification regarding unquoted securities - G88, page-2

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  1. 4,078 Posts.
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    Our new CEO, Damon Dormer's, employee incentive options (5c exercisable before 28/02/2026), vesting in three tranches:

    - 2M after 3 Mths service as CEO
    - 5M after 12 Mths
    - 5M after 24 Mths

    Certainly a strong appointment - see Damon's CV here: https://hotcopper.com.au/posts/66165331/single

    And note, for the options to become shares, the guy will be tipping $600,000 into the Company!

    My understanding is Damon joined G88 largely on the back of Quicksilver. Obviously an enterprise and a challenge he has considerable confidence in pulling off.



 
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