Far Northern Resources Limited (ASX:FNR) has disclosed a change in the director's interest of Cameron Woodrow, following the grant of 1,500,000 unlisted options at an exercise price of 25 cents, expiring 9 November 2028, after shareholder approval at the company's 2026 Annual General Meeting.

Key Points

  • Director Cameron Woodrow was granted 1,500,000 unlisted 25-cent options expiring 9 November 2028, in his own name
  • The options were granted for nil consideration following shareholder approval at the 2026 AGM
  • The date of change was 9 November 2026, with the previous notice dated 10 November 2026
  • Woodrow continues to hold 11,020,000 fully paid ordinary shares indirectly, with the registered holder being Kirsten Sarah Woodrow <Merrilyn Family A/C>

Options Grant Details Following 2026 AGM

According to the filing, Cameron Woodrow was granted 1,500,000 unlisted options with an exercise price of 25 cents per option, expiring on 9 November 2028. The options were issued in Mr Woodrow's own name and were granted for nil consideration. The grant followed shareholder approval obtained at Far Northern Resources Limited's 2026 Annual General Meeting. The filing confirms that no securities were disposed of as part of this change, and the transaction did not occur during a closed period requiring prior written clearance.

Director's Securities Holdings After Change

Following the grant, Cameron Woodrow's total disclosed holdings comprise two separate components. The first is 11,020,000 fully paid ordinary shares held indirectly, where the registered holder is Kirsten Sarah Woodrow under the Merrilyn Family Account. Mr Woodrow is identified in the filing as a beneficiary of that family trust. The second component is the newly issued 1,500,000 unlisted 25-cent options expiring 9 November 2028, held directly in Mr Woodrow's own name. The filing states that prior to the change, Woodrow held 11,020,000 fully paid ordinary shares.

Nature of Interest and Indirect Holdings

The filing discloses that Mr Woodrow holds both direct and indirect interests in Far Northern Resources Limited securities. The indirect interest arises through the Merrilyn Family Account, with Kirsten Sarah Woodrow as the registered holder of the fully paid ordinary shares. The filing notes that Mr Woodrow is a beneficiary of the family trust. Part 2 of the director's interest notice, covering changes in interests in contracts, was disclosed as not applicable. The filing also confirmed the interests were not traded during a closed period.