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MetalsTech Reshapes Board, Loads Up New Executives With Performance Incentives

Story Highlights
  • MetalsTech has appointed Chris Dai as Executive Director and Trevor Benson as Executive Chairman, replacing outgoing director Gino D’Anna.
  • Both new executives receive $270,000 salaries plus significant options and performance rights linked to advancing the Sturec Gold Project DFS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MetalsTech Reshapes Board, Loads Up New Executives With Performance Incentives

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The latest announcement is out from MetalsTech Ltd ( (AU:MTC) ).

MetalsTech Limited has overhauled its leadership structure, appointing mining finance specialist Chris Dai as Executive Director and veteran resources banker Trevor Benson as Executive Chairman, while Gino D’Anna has stepped down from the board. The company has put in place identical executive service agreements for Benson and Dai, each with A$270,000 in annual remuneration plus substantial long-term incentives in the form of options and performance rights, including a tranche tied to completion of a Definitive Feasibility Study for the Sturec Gold Project in Slovakia, signalling a strategic push to advance its flagship asset and leverage the new executives’ extensive capital markets and cross-border deal-making experience.

The most recent analyst rating on (AU:MTC) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on MetalsTech Ltd stock, see the AU:MTC Stock Forecast page.

More about MetalsTech Ltd

MetalsTech Limited is an ASX-listed resources company focused on the gold sector, including the Sturec Gold Project in Slovakia. The company operates within the mining industry and targets opportunities across exploration, development and downstream operations, with a strong emphasis on cross-border investment and financing in precious metals projects.

Average Trading Volume: 180,751

Technical Sentiment Signal: Buy

Current Market Cap: A$59.98M

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

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