Encounter Resources directors boost shareholdings with options exercise

Encounter Resources Limited announced amendments to its Director Interest Notices, detailing the exercise of employee options by four directors on November 20, 2025.

Will Robinson exercised 450,000 options at A$0.224 each, increasing his direct holdings to 20,510,233 ordinary fully paid shares. Peter Bewick exercised 180,000 options at A$0.224, with his Solvista Pty Ltd trust’s indirect holdings rising to 9,690,303 ordinary fully paid shares. Jon Hronsky also exercised 180,000 options at A$0.224, bringing his direct holdings to 1,701,335 ordinary fully paid shares. Philip Crutchfield exercised 630,000 options at A$0.224 each, increasing his direct holdings to 6,516,195 ordinary fully paid shares.

In total, 106,417 fully paid ordinary shares were issued due to the exercise of employee options, pursuant to the Company’s Employee Share and Option Plan.

Encounter Resources, an Australian mineral exploration company, focuses on copper and niobium/rare earth element deposits. Its Aileron Project in West Arunta and the Tyrell Copper Oxide Mineral Resource show inferred mineral resources including 334 kt Nb2O5 at 1.74% and 22.6 kt contained copper at 0.79%, respectively.