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The latest update is out from MEC Resources Ltd ( (AU:MMR) ).
MEC Resources Limited announced a change in the director’s interest in securities, specifically involving Anthony Huston. The company issued 16,648,800 ordinary shares to Anthony Gordon & Shelly Anne Huston in lieu of outstanding directors’ fees, increasing their total holdings to 30,385,448 shares. This transaction reflects a strategic decision to compensate directors through equity, potentially aligning their interests with the company’s long-term performance.
More about MEC Resources Ltd
Current Market Cap: A$14.8M
See more insights into MMR stock on TipRanks’ Stock Analysis page.