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Regency Mines approves share issue

By BFN News | 12:55 PM | Thursday 07 April, 2016

Regency Mines has announced that on 1 April 2016 the Board of Directors approved the issuance of 4,323,524 ordinary shares in the Company under the Company's Share Incentive Plan (SIP) for the 2015/16 tax year as agreed in the Trustees meeting held on 1 April 2016. Under the terms of the SIP, once employees have satisfactorily completed their probationary period, they may sign up to both the Free Share and Partnership Share Agreement however they may only begin active participation in the Partnership Agreement at the beginning of the tax year. At 12:55pm: (LON:RGM) Regency Mines PLC share price was -0.03p at 0.4p Story provided by

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