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Macro Metals Director Increases Indirect Shareholding Through Incentive Issue

Story Highlights
  • Macro Metals director Nathan Ross Douglas increased his indirect stake via Sunday76 Pty Ltd.
  • He received 6.25 million incentive shares valued at $70,000, approved at the AGM.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Macro Metals Director Increases Indirect Shareholding Through Incentive Issue

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Kogi Iron Ltd. ( (AU:M4M) ) has issued an update.

Macro Metals Limited has disclosed a change in the indirect interests of director Nathan Ross Douglas, held via Sunday76 Pty Ltd, in accordance with ASX requirements. The company issued 6,250,000 fully paid ordinary shares to Douglas’s associated entity as incentive securities valued at $70,000, following shareholder ratification at the annual general meeting on 27 November 2025, increasing his indirect holdings while leaving his substantial portfolio of options unchanged.

More about Kogi Iron Ltd.

Macro Metals Limited is an Australian-listed resources company that operates in the metals and mining sector. Its core activities involve the exploration and development of mineral assets, with securities traded on the ASX and governance subject to Australian corporate and listing rules.

Technical Sentiment Signal: Sell

Current Market Cap: A$30.24M

For an in-depth examination of M4M stock, go to TipRanks’ Overview page.

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