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MEC Resources Adjusts Director’s Equity Compensation

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MEC Resources Adjusts Director’s Equity Compensation

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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.

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