Empire Metals is trading 6.4% up at £40.75 after reporting record-breaking drilling results at its Pitfield project and detailing a new long-term incentive plan (LTIP).
- Recent drilling delivered the highest TiO₂ grades to date at the Pitfield project, significantly reinforcing bullish sentiment toward the company’s core titanium asset.
- The company announced a new LTIP featuring 20.25 million share-based awards with an exercise price of 40p, aligning management incentives with recent operational successes.