Minerals 260 Appoints New Director and Discloses Indirect Equity Interests

Minerals 260 Limited ( (AU:MI6) ) has issued an update.

Minerals 260 Limited has appointed Adam Smits as a director effective 9 February 2026, with an initial disclosure showing he holds no securities in his own name. This appointment triggers a formal notification of his indirect interests through his spouse, Gina Chau, and The Smits Family Trust.

Through these related parties, Smits has an indirect interest in 3,348 fully paid ordinary shares and a total of 3 million unlisted options in Minerals 260. The options are split evenly between two tranches with exercise prices of $0.35 and $0.41, both expiring on 3 November 2028 and subject to vesting conditions tied to continuous service until 3 November 2026.

The most recent analyst rating on (AU:MI6) stock is a Sell with a A$0.37 price target. To see the full list of analyst forecasts on Minerals 260 Limited stock, see the AU:MI6 Stock Forecast page.

More about Minerals 260 Limited

Minerals 260 Limited is an Australian-listed resources company operating in the minerals and mining exploration sector. The company focuses on discovering and developing mineral assets, positioning itself within the broader resources and commodities market.

Average Trading Volume: 6,712,180

Technical Sentiment Signal: Buy

Current Market Cap: A$839.1M

See more data about MI6 stock on TipRanks’ Stock Analysis page.