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Fenix Resources Discloses Final Director Interest as Mitchell Exits Board

Story Highlights
  • Fenix Resources reported the departure of director Craig Mitchell and detailed his final security interests.
  • Mitchell retains large indirect shareholdings and a margin loan exposure, keeping strong financial ties to Fenix.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fenix Resources Discloses Final Director Interest as Mitchell Exits Board

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An announcement from Fenix Resources Limited ( (AU:FEX) ) is now available.

Fenix Resources has announced that director Craig Douglas Mitchell ceased to be a director on 16 March 2026, triggering a final notice of his interests in the company’s securities. The filing confirms that Mitchell holds no shares directly, but maintains substantial indirect interests through related entities and superannuation structures.

Through Exxten Pty Ltd and associated trusts, Mitchell is beneficially interested in tens of millions of Fenix shares and performance rights, including 20 million shares recently issued upon the achievement of a milestone. A portion of these shares is pledged under a two-year margin loan facility with Equities First, indicating continued financial exposure to Fenix despite his board departure and underlining ongoing alignment with the company’s equity performance.

The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.

More about Fenix Resources Limited

Fenix Resources Limited is an Australian-listed company operating in the resources sector. The company is involved in mineral exploration and development, with its securities traded on the ASX under standard corporate governance and disclosure obligations.

Average Trading Volume: 1,229,184

Technical Sentiment Signal: Hold

Current Market Cap: A$256.3M

For a thorough assessment of FEX stock, go to TipRanks’ Stock Analysis page.

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