Terra Metals Updates Market on Final Director Interest as Mark Pearce Steps Down

GCX Metals Limited ( (AU:TM1) ) has issued an update.

Terra Metals Limited has advised the ASX that Mark Pearce has ceased acting as an alternate director for Ian Middlemas as of 16 January 2026, triggering the lodgement of a final director’s interest notice. While Pearce holds no Terra Metals securities in his own name, the notice discloses indirect interests held through related entities and family accounts, collectively amounting to more than 3.1 million fully paid ordinary shares and nearly 689,000 listed options. The change formally updates the company’s governance register and clarifies the continuing level of equity exposure associated with the departing director, information that is relevant to investors tracking board composition and insider holdings.

The most recent analyst rating on (AU:TM1) stock is a Buy with a A$0.19 price target. To see the full list of analyst forecasts on GCX Metals Limited stock, see the AU:TM1 Stock Forecast page.

More about GCX Metals Limited

Terra Metals Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities comprising fully paid ordinary shares and listed options traded on the ASX. The company’s shareholder base includes a range of investment entities and family accounts, reflecting a mix of institutional and private interests in its capital structure.

Average Trading Volume: 2,062,687

Technical Sentiment Signal: Buy

Current Market Cap: A$142.4M

See more data about TM1 stock on TipRanks’ Stock Analysis page.