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SHARE INCENTIVE PLAN AWARDS
Alien Metals Limited, the minerals exploration and development company, is pleased to announce, in accordance with the Share Incentive Plan as approved by the Board on 14 November 2022 it will issue, subject to the satisfaction of specified high hurdle performance conditions (“Performance Conditions”), as outlined below, a total of 178,000,000 Incentive Shares (“Incentive Shares”) to the Company’s Iron Ore Company of Australia (“IOCA”) executive team, subject to the achievement of the Performance Conditions set out below in relation to the development of the Hammersley Iron project.